PARRIS N. GLENDENING, Governor Ch. 70

Article - Health - General

19-706.

(I) The provisions of [Article 48A, § 490JJ of the Code] § 15-116 OF THE
INSURANCE ARTICLE apply to health maintenance organizations.

SECTION 6. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:

Article - Health - General

19-1515.

(c) (1) The fees assessed on payors in accordance with [Article 48A, § 490R of
the Code] § 15-111 OF THE INSURANCE ARTICLE shall be apportioned among each
payor based on the ratio of each payor's total premiums collected in the State to the total
collected premiums of all payors in the State.

SECTION 7. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:

Article - Insurance

4- 112.

(e) (3) In addition to the monetary penalties imposed under this subsection, on
July 1 of each year, for each insurer that fails to file its renewal application and
continuation fee on or before June 30, the Commissioner may:

(i) order that the insurer cease and desist from engaging further from
the writing of insurance in this State in accordance with [§ 55 ] § 4-114 of this article; or

DRAFTER'S NOTE:

Error: Incorrect cross-reference in § 4-112(e)(3)(i) of the Insurance Article.

Occurred: Ch. 456, Acts of 1996.

5- 304.

(b) For an ordinary policy of life insurance issued on the standard basis, excluding
any disability and accidental death benefits in the policy, the applicable table for the
minimum standard for the valuation of the policy is:

(1) if the policy was issued before the operative date of [§ 15-308(c) [48A §
414(j)] § 16-308 of this article, the Commissioners 1941 Standard Ordinary Mortality
Table;

(2) if the policy was issued on or after the operative date of [ § 15-308(c)
[48A § 414(j)]] § 16-308 of this article but before the operative date of [§ 15-309 [48A §
414(k-1)]]§ 16-309 of this article:

(i) the Commissioners 1958 Standard Ordinary Mortality Table; or

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