Ch. 36

1995 LAWS OF MARYLAND

(I)       PREMIUM NOTES, POLICY LOANS, AND OTHER POLICY ASSETS;

(II)     LIENS ON POLICIES AND CERTIFICATES OF LIFE INSURANCE
AND ANNUITY CONTRACTS; AND

(III)    ACCRUED INTEREST ON EACH ASSET LISTED IN SUBITEM (I) OR
(II) OF THIS ITEM;

(4)      FOR A LIFE INSURER, THE NET AMOUNT OF UNCOLLECTED AND
DEFERRED PREMIUMS AND ANNUITY CONSIDERATIONS;

(5)      EXCEPT FOR LIFE INSURANCE PREMIUMS, THE AMOUNT OF
PREMIUMS IN THE COURSE OF COLLECTION THAT:

(I)      ARE NOT MORE THAN 3 MONTHS PAST DUE, UNLESS PAYABLE
DIRECTLY OR INDIRECTLY BY AN INSTRUMENTALITY OF THE UNITED STATES; AND

(II)    DO NOT INCLUDE COMMISSIONS;

(6)      TO THE EXTENT OF THE UNEARNED PREMIUM RESERVES CARRIED
ON POLICIES:

(I) INSTALLMENT PREMIUMS OTHER THAN LIFE INSURANCE
PREMIUMS; AND

, (II) NOTES OR SIMILAR WRITTEN OBLIGATIONS NOT PAST DUE
TAKEN FOR PREMIUMS OTHER THAN LIFE INSURANCE PREMIUMS;

(7)      THE FULL AMOUNT OF REINSURANCE THAT A CEDING INSURER
MAY RECOVER FROM A SOLVENT REINSURER UNDER SUBTITLE 9 OF THIS TITLE:

(8)      AMOUNTS RECEIVABLE BY AN ASSUMING INSURER THAT
REPRESENT FUNDS THAT A SOLVENT CEDING INSURER WITHHOLDS UNDER A
REINSURANCE TREATY;

(9)      DEPOSITS OR EQUITIES RECOVERABLE FROM AN UNDERWRITING
ASSOCIATION, SYNDICATE, REINSURANCE FUND, OR SUSPENDED BANKING
INSTITUTION:

(I)      TO THE EXTENT THE COMMISSIONER CONSIDERS THAT THE
DEPOSITS OR EQUITIES ARE AVAILABLE FOR PAYMENT OF LOSSES AND CLAIMS;
AND

(II)     AT VALUES THAT THE COMMISSIONER DETERMINES;

(10)    DATA PROCESSING AND ACCOUNTING SYSTEMS THAT COST AT
LEAST $25,000, AMORTIZED OVER A, PERIOD OF NOT MORE THAN 10 CALENDAR
YEARS;

(11)    INVESTMENTS, SECURITIES, PROPERTIES, AND LOANS ACQUIRED OR
HELD IN ACCORDANCE WITH THIS ARTICLE, AND THE RELATED ITEMS LISTED IN
SUBSECTION (B) OF THIS SECTION;

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