28                                Laws of Maryland                         [Ch. 21

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 171 of Article 48A of the Annotated Code of Maryland
(1951 Edition), title "Insurance", sub-title "Life, Accident and
Health Insurance", be and the same is hereby repealed, and that a
new Section 171 be and the same is hereby enacted in lieu thereof,
said new section to stand in the place and stead of the section so
repealed, and to read as follows:

171. (Misrepresentations in Applications.) In any application for
life insurance or annuity or for the reinstatement or renewal thereof,
all statements therein made by the insured or by the applicant, shall,
in the absence of fraud, be deemed representations and not warran-
ties. The falsity of any such statement shall not bar the right to
recovery under the contract unless such false statement was either
made with the actual intent to deceive, or unless it materially affected
either the acceptance of the risk or the hazard assumed by the in-
surer.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1956.

Approved February 23, 1956.

CHAPTER 21

(Senate Bill 15)

AN ACT to add two new sections to Article 48A of the Annotated
Code of Maryland (1951 Edition), title "Insurance", sub-title
"Life, Accident and Health Insurance", said new sections to be
known as Sections 184A and 184B, to follow immediately after
Section 184 thereof, relating to annuity contracts, pure endowment
contracts, reversionary annuities and the uniform provisions re-
quired in such contracts, with exceptions.

Section 1. Be it enacted by the General Assembly of Maryland,
That two new sections be and the same are hereby added to Article
48A of the Annotated Code of Maryland (1951 Edition), title "Insur-
ance", sub-title "Life, Accident and Health Insurance", said new sec-
tions to be known as Sections 184A and 184B, to follow immediately
after Section 184 of said Article, all to read as follows:

184A. (Annuities and Pure Endowments; Uniform Provisions.)
(a) No annuity or pure endowment contract, except a reversionary
annuity, otherwise called a survivorship annuity, and except a group
annuity, shall be delivered or issued for delivery in this State unless
it contains in substance each of the provisions specified in Subsec-
tions (b) to (f) and (h) to (i), inclusive, of this section or pro-
visions which in the opinion of the. Commissioner are not less favora-
ble to the holders of such contracts. Any of such provisions not
applicable to single premium annuities or single premium pure

Explanation: Italics indicate new matter added to existing law.
[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.