Volume 795, Page 3327 View pdf image |
PARRIS N. GLENDENING, Governor Ch. 604 Article - Insurance 8-404. (a) Except as provided in this section, this subtitle and the other insurance laws of (1) a grand or subordinate lodge or society, order, or association that: (i) was doing business in the State on December 31, 1963; (ii) provides benefits exclusively through local or subordinate lodges; (iii) does not issue benefit certificates; (2) an order, society, or association that: (i) 1. limits its membership to individuals engaged in one or more
(II) 1. AS TO INDIVIDUAL HEALTH INSURANCE POLICIES, 2. WAS FORMED AS A FRATERNAL BENEFIT SOCIETY 3. IS REGISTERED AS A FOREIGN CORPORATION UNDER § (3) a society or auxiliary of an order, society, or association described in item (2) of this subsection; (4) a domestic society that: (i) limits its membership to employees of a particular municipal area (ii) provides for individual death benefits not exceeding $400 per year (iii) does not issue benefit certificates; and (5) a domestic society or association that: (i) has a purely religious, charitable, or benevolent purpose; - 3327 -
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Volume 795, Page 3327 View pdf image |
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