Code of Maryland Regulations
Title 31 - MARYLAND INSURANCE ADMINISTRATION
Subtitle 09 - LIFE INSURANCE AND ANNUITIES
Chapter 31.09.04 - Contracts on a Variable Basis
Section 31.09.04.01 - Authority and Purpose
Universal Citation: MD Code Reg 31.09.04.01
Current through Register Vol. 51, No. 19, September 20, 2024
The issuance or delivery of contracts on a variable basis (hereinafter sometimes referred to as "contracts") in Maryland in any manner not in compliance with this chapter shall be deemed to be the transaction of insurance business hazardous to policyholders and the public, and contrary to the public interest.
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