Ch. 496

LAWS OF MARYLAND

(II) MORE THAN 12 MONTHS AFTER THE DATE OF
ISSUE OF THE NEW POLICY;

(2)  IF THE NEWLY ISSUED POLICY PROVIDES DEATH
BENEFITS IN EXCESS OF THE AMOUNT OF DEATH BENEFITS PAYABLE UNDER
THE IMMEDIATELY PRIOR POLICY, THE 2-YEAR EXCLUSION FOR DEATH AS A
RESULT OF SUICIDE AS TO THE EXCESS AMOUNT OF DEATH BENEFITS ONLY
MAY COMMENCE ON THE DATE OF ISSUE OF THE NEW POLICY.; AND

(3) IF THE INSURED LAPSE, FORFEITS, SURRENDERS OR
OTHERWISE TERMINATES MORE THAN 1 PRIOR POLICY WITHIN 12 MONTHS
AFTER THE ISSUANCE OF THE NEW POLICY, THE EXCLUSION FOR DEATH AS
A RESULT OF SUICIDE FOR ANY AMOUNT OF DEATH BENEFITS PAYABLE
UNDER ANY SUCH PRIOR POLICY SHALL BE DEEMED TO HAVE COMMENCED ON
THE DATE ON WHICH THE INSURER ISSUING THE NEW POLICY FIRST ISSUED
A LIFE INSURANCE POLICY TO THE INSURED FOR THAT AMOUNT OF DEATH
BENEFITS.

(3) FOR PURPOSES OF THE EXCLUSION FOR DEATH BY
SUICIDE, IF MORE THAN 1 PRIOR POL1CY IS TERMINATED WITHIN THE
12-MONTH PERIOD SPECIFIED BY PARAGRAPH (1) OF THIS SUBSECTION,
THE SUICIDE EXCLUSION PERIOD FOR THE AMOUNT OF DEATH BENEFITS
REPRESENTED BY THE TERMINATED POLICIES SHALL BE DEEMED TO HAVE
COMMENCED ON THE DATES OF ISSUE OF THOSE POLICIES.------------------

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1987.

Approved May 14, 1987.

CHAPTER 496

(House Bill 684)

AN ACT concerning

Motor Vehicles --Dealers- Certificates of Title
and Temporary Registrations - Time Periods

FOR the purpose of altering the time limits within which certain
dealers of motor vehicles shall obtain, send, or deliver
certificates of title and other documents for certain
vehicles; altering the period of time after which the
temporary registration or permit for a vehicle expires under
certain circumstances; and generally relating to the time
requirements within which certain dealers shall obtain,
send, or deliver certificates of title and certain other
documents for certain vehicles and to the time period for

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