Md. Code, Insurance § 16-103

Md. Code, Insurance § 16-103
in effect
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A life insurer may not: (1) issue or deliver in the State a policy of life insurance or an annuity contract that provides for the payment of an assessment by a policyholder or member in addition to the premium stated in the policy or annuity contract to be charged for the life insurance or annuity; or (2) levy or collect an assessment prohibited by item (1) of this section.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin&section=16-103&enactments=falseFetched: 10/17/2026

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