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Session Laws, 1997
Volume 795, Page 1440   View pdf image
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Ch. 70 1997 LAWS OF MARYLAND

Error: Erroneous internal reference in § 16-506(c) of the Insurance Article.

Occurred: Ch. 11, Acts of 1996. Correction by the Michie Company in the
1996 Volume of the Insurance Article is validated by this Act.

16-509.

(c) Notwithstanding [§§ 16-505 through 16-509] THIS SECTION AND §§ 16-505
THROUGH 16-508 of this subtitle, the following supplemental benefits and considerations
for the benefits shall be disregarded when calculating the minimum nonforfeiture
amounts, paid-up annuity, cash surrender, and death benefits required under this
subtitle:

(1) benefits payable for total and permanent disability;

(2) benefits payable as reversionary annuity or deferred reversionary
annuity benefits; or

(3) other policy benefits additional to life insurance, endowment, and
annuity benefits.

DRAFTER'S NOTE:

Error: Incorrect cross-references in § 16-509(c) of the Insurance Article.

Occurred: Ch. 11, Acts of 1996.

16- 510.

This subtitle is the ["Maryland Standard Nonforfeiture Law for Individual
Deferred Annuities"] MARYLAND STANDARD NONFORFEITURE LAW FOR
INDIVIDUAL DEFERRED ANNUITIES.

DRAFTER'S NOTE:

Error: Unnecessary use of quotation marks in § 16-510 of the Insurance
Article.

Occurred: Ch. 11, Acts of 1996.

17- 205.

(a) (1) In this section the following words have the meanings indicated.

[(2)](3) "Public employer" means a county, municipal corporation,
association of counties or municipal corporations, State college or university, or unit of
State, county, or municipal corporation government.

[(3)](2) "Public employees association" means an association of federal,
State, county, or municipal corporation employees.

DRAFTER'S NOTE:

Error: Terms in incorrect alphabetical order in § 17-205(a) of the Insurance
Article.

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Session Laws, 1997
Volume 795, Page 1440   View pdf image
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