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Maryland Insurance Section 5-303

Article - Insurance

§ 5-303.

      Except as otherwise provided in §§ 5-305 and 5-306 of this subtitle for group annuity contracts and pure endowment contracts issued before the operative date of the Maryland Standard Nonforfeiture Law for Life Insurance, §§ 5-304 through 5-312 of this subtitle apply only to policies and contracts issued on or after that operative date.