Ch. 36                                          1995 LAWS OF MARYLAND

(1)      THE FILING OF A FORM WITH THE COMMISSIONER SHALL BE MADE
AT LEAST 60 DAYS BEFORE DELIVERY.

(2)      APPROVAL BY THE COMMISSIONER OF THE FORM CONSTITUTES A
WAIVER OF ANY UNEXPIRED PART OF THE FILING PERIOD.

(3)      THE COMMISSIONER MAY EXTEND THE INITIAL FILING PERIOD UP
TO AN ADDITIONAL 30 DAYS IF THE COMMISSIONER GIVES NOTICE OF THE
EXTENSION BEFORE THE INITIAL FILING PERIOD ENDS.

(4)      THE FORM IS DEEMED APPROVED UNLESS THE COMMISSIONER
AFFIRMATIVELY APPROVES OR DISAPPROVES IT BEFORE THE END OF THE INITIAL
FILING PERIOD OR ANY EXTENDED PERIOD.

(5)      AT ANY TIME, THE COMMISSIONER MAY WITHDRAW APPROVAL OF
A FORM, IF THE COMMISSIONER:

(I)       GIVES PRIOR NOTICE OF THE WITHDRAWAL;

(II)     SHOWS CAUSE FOR THE WITHDRAWAL; AND

(III)    STATES THE EFFECTIVE DATE OF THE WITHDRAWAL IN THE
NOTICE.

(6)      THE WITHDRAWAL OF APPROVAL SHALL TAKE EFFECT AT LEAST 20
DAYS AFTER THE WITHDRAWAL NOTICE IS GIVEN.

(D)     EXEMPTIONS.

THE COMMISSIONER MAY ORDER AN EXEMPTION FROM THIS SECTION FOR AS
LONG AS THE COMMISSIONER CONSIDERS PROPER FOR AN INSURANCE DOCUMENT
OR FORM OR TYPE OF INSURANCE DOCUMENT OR FORM IF THE COMMISSIONER
FINDS THAT:

(1)      THIS SECTION IS NOT PRACTICABLY APPLICABLE; OR

(2)      THE FILING AND APPROVAL OF THE DOCUMENT OR FORM OR TYPE
OF DOCUMENT OR FORM ARE NOT DESIRABLE OR NECESSARY TO PROTECT THE
PUBLIC.

(E)     ALTERNATE PAGES.

(1)      THE COMMISSIONER SHALL APPROVE LIFE INSURANCE POLICIES,
HEALTH INSURANCE POLICIES, AND ANNUITY CONTRACTS' IN LOOSE-LEAF FORM
AND SHALL APPROVE ALTERNATE PAGES SUBMITTED SEPARATELY FOR USE WITH
THE POLICIES AND CONTRACTS IF THEIR PROVISIONS COMPLY WITH THIS ARTICLE.

(2)      WHENEVER ALTERNATE PAGES ARE FILED AFTER THE INITIAL
POLICIES OR CONTRACTS ARE APPROVED, THE COMMISSIONER MAY REQUIRE THAT
THOSE POLICIES OR CONTRACTS ALSO BE SUBMITTED WITH AN EXPLANATION OF
THE INTENDED USAGE OF THE ALTERNATE PAGES.

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