§ 5-303. Policies and contracts issued on or after operative date of Standard Nonforfeiture Law -- Scope

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Except as otherwise provided in § 5-305 and 5-306 of this subtitle for group annuity contracts and pure endowment contracts issued before the operative date of the Maryland Standard Nonforfeiture Law for Life Insurance, § 5-304 through 5-312 of this subtitle apply only to policies and contracts issued on or after that operative date.

HISTORY: An. Code 1957, art. 48A, § 83; 1995, ch. 36.

                    
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