Ch. 24

2004 LAWS OF MARYLAND

Article - Insurance

27-209.

Except as otherwise expressly provided by law, a person may not knowingly:

(1)     allow, make, or offer to make a contract of life insurance or health
insurance or an annuity contract or an agreement as to the contract other than as
plainly expressed in the contract;

(2)     pay, allow, give, or offer to pay, allow, or give directly or indirectly as
an inducement to the insurance or annuity:

(i) a rebate of premiums payable on the contract;

(ii) a special favor or advantage in the dividends or other benefits
under the contract;

(iii) paid employment or a contract for services of any kind; or

(iv) any valuable consideration or other inducement not specified in
the contract;

(3)     directly or indirectly give, sell, purchase, offer or agree to give, sell, or
purchase, or allow as inducement to the insurance or annuity or in connection with
the insurance or annuity, regardless of whether specified in the policy or contract, an
agreement that promises returns and profits, or stocks, bonds, or other securities, or
a present or contingent interest in or measured by stocks, bonds, or other securities,
of an insurer or other corporation, association, or partnership, or dividends or profits
accrued or to accrue on stocks, bonds, or other securities; or

(4)     offer, promise, or give any valuable consideration not specified in the
contract, except for educational materials, promotional materials, or articles of
merchandise that cost less than $10, regardless of whether a policy is purchased.

DRAFTER'S NOTE:

Error: Function paragraph of bill being cured incorrectly indicated that §
27-209 of the Insurance Article was unamended.

Occurred: Chapter 173 (House Bill 711) of the Acts of 2003.

Article - State Finance and Procurement

7-305.

(a)     In this section, "capital expenditure" includes an expenditure for:

(1)     acquisition of land, buildings, or equipment; or

(2)     new construction.

(b)     At the end of a fiscal year, the unspent part of an appropriation for a
capital expenditure made through the State budget or a supplementary appropriation
act other than an enabling act for a general obligation loan:

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