PARRIS N. GLENDENING, Governor                             Ch. 544

Article - Insurance
1-202.

This article does not apply to:

(1)     a fraternal benefit society, except as provided in Title 8, Subtitle 4 of this
article;

(2)     a nonprofit health service plan, except as otherwise provided in this
article; [or]

(3)     an organization that:

(i) is organized and operated as a nonprofit organization exclusively
for the purpose of helping nonprofit educational or scientific institutions by issuing
annuity contracts only to or for the benefit of those institutions or individuals serving
those institutions;

(ii) irrevocably appoints the Commissioner as attorney to receive
service of process issued against it in the State so as to bind the organization and its
successors and to remain in effect as long as there is in force in the State a contract or
obligation arising from it;

(iii) is legally organized and qualified to do business and has been
actively doing business under the laws of its state of domicile for at least 10 years before
July 1, 1977;

(iv) files with the Commissioner a copy of any contract form issued to
residents of this State;

(v) files with the Commissioner on or before March 1 of each year:

1.       a copy of its annual statement prepared under the laws of its
state of domicile; and

2.       any other financial material that the Commissioner requests;

(vi) agrees to submit to periodic examinations as the Commissioner
considers necessary; and

(vii) pays the premium tax imposed by Title 6 of this article on all
premiums allocable to this State for life insurance and health insurance in effect for
residents of this State[.]; OR

(4)     A VOLUNTARY NONCONTRACTUAL RELIGIOUS PUBLICATION
ARRANGEMENT THAT:

(I)      IS A NONPROFIT RELIGIOUS ORGANIZATION FOR WHICH THE
STATE MAY NOT BE HELD IN ANY WAY LIABLE OR RESPONSIBLE FOR ANY OF ITS
DEBTS, CLAIMS, OBLIGATIONS, OR LIABILITIES;

(II)     PUBLISHES A NEWSLETTER WHOSE SUBSCRIBERS ARE LIMITED
TO MEMBERS OF THE SAME DENOMINATION OR RELIGION;

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