Ch. 21                                      2003 LAWS OF MARYLAND

Occurred: Ch. 371, Acts of 2000.
15-1308.

(a)     In this [section] SECTION, "affiliate" means a person that directly or
indirectly, through one or more intermediaries, controls, is controlled by, or is under
common control with another person.

DRAFTER'S NOTE:

Error: Omitted comma in § 15-1308(a) of the Insurance Article.

Occurred: Ch. 247, Acts of 2002.

16-408.

(c) Each contract for a reversionary or survivorship annuity shall contain a
provision that the contract may be reinstated within 3 years after the date of default
in making stipulated payments to the insurer, on:

(2) (i) the payment of all overdue payments and any indebtedness to
the insurer on the contract with interest at a rate specified in the contract not
exceeding 6% per year compounded annually; or

(ii) the reinstatement as indebtedness on the contract of the
amount stated in [subitem] ITEM (i) of this item, if this amount is within the limits
allowed by the then cash value of the contract.

DRAFTER'S NOTE:

Error: Stylistic error in § 16-408(c)(2)(ii) of the Insurance Article.

Occurred: Ch. 11, Acts of 1996.

18-114.

(b)     (1) A carrier may not offer a policy or certificate of long-term care
insurance unless, at the time of purchase, the carrier also offers the applicant the
option to purchase a policy or certificate with an inflation protection feature as
described under [item] PARAGRAPH (2) of this subsection.

DRAFTER'S NOTE:

Error: Stylistic error in § 18-114(b)(l) of the Insurance Article.

Occurred: Ch. 35, § 2, Acts of 1997.

20-601.

(b) To the extent that a policy of motor vehicle liability insurance does not
provide coverage, a claim that arises out of circumstances described in [subsections]
SUBSECTION (c), (d), or (e) of this section may be made against the Fund if:

(1) the claim is for:

(i) damage to property greater than $250; or

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