232                              Laws of Maryland                       [Ch. 182

and Health Insurance", sub-heading "In General", be and it is hereby
repealed and re-enacted, with amendments, to read as follows:

162.
(3)

(a) The minimum standard for the valuation of all such policies
and contracts shall be the Commissioners reserve valuation method
defined in paragraph (b), three and one-half percent (3˝%) interest,
and the following tables:

(i) For all ordinary policies of life insurance issued on the standard
basis, excluding any disability and accidental death benefits in such
policies—the Commissioners 1941 Standard Ordinary Mortality Table
for such policies issued prior to the operative date of Sub-section
(4A) of Section 197, and the Commissioners 1958 Standard Ordinary
Mortality Table for such policies issued on or after such operative
date; provided that for any category of such policies issued on female
risks all modified net premiums and present values referred to in
this section may be calculated according to an age not more than
three years younger than the actual age of the insured.

(ii) For all Industrial life insurance policies issued on the standard
basis, excluding any disability and accidental death benefits in such
policies—the 1941 Standard Industrial Mortality Table.

(iii) For annuity and pure endowment contracts, excluding any
disability and accidental death benefits in such policies—the 1937
Standard Annuity Mortality Table.

(iv) For total and permanent disability benefits in or supple-
mentary to ordinary policies or contracts—Class (3) Disability Table
(1926) which, for active lives, shall be combined with a mortality
table permitted for calculating the reserves for life insurance policies.

(v) For accidental death benefits in or supplementary to policies—
the Inter-Company Double Indemnity Mortality Table combined with
a mortality table permitted for calculating the reserves for life insur-
ance policies.

(vi) For group life insurance, life insurance issued on the sub-
standard basis and other special benefits—such tables as may be
approved by the Commissioner.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1959.

Approved March 11, 1959.

CHAPTER 182

(House Bill 108)

AN ACT to add Section 187A to Article 66˝ of the Annotated Code
of Maryland (1957 Edition), title "Motor Vehicles", sub-title

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.