Volume 796, Page 4355 View pdf image |
(3) LIFE INSURANCE OR AN ANNUITY USED TO FUND A PRE-NEED (b) An insurer may not directly or indirectly, or by an agent or representative 27-218. (a) All burial insurance benefits shall be paid in cash to the beneficiary. (b) A person engaged in the business of burial insurance may not pay or (1) an official mortician, funeral director, or undertaker; (2) a designated mortician, funeral director, undertaker, or funeral (3) a particular tradesperson or businessperson. (C) THIS SECTION DOES NOT APPLY TO LIFE INSURANCE OR AN ANNUITY SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect May 27, 1999 The Honorable Casper R. Taylor, Jr. Dear Mr. Speaker: In accordance with Article II, Section 17 of the Maryland Constitution, I have today This bill enters Maryland into the Nurse Multistate Licensure Compact, which grants Senate Bill 590, which was passed by the General Assembly and signed by me on Sincerely,
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Volume 796, Page 4355 View pdf image |
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