§ 5-302. Policies and contracts issued before operative date of Standard Nonforfeiture Law

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Except as otherwise provided in § 5-305 and 5-306 of this subtitle, the minimum standard for the valuation of a policy or contract issued before the operative date of the Maryland Standard Nonforfeiture Law for Life Insurance is the minimum standard provided by former Article 48A, § 83(2) of the Code in effect on September 30, 1997.

HISTORY: 1995, ch. 36.

                    
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