§ 16-501
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/md/insurance/16-501A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§16–501.
This subtitle does not apply to:
(1)reinsurance;
(2)a group annuity purchased under a retirement plan or deferred compensation plan established or maintained by an employer, including a partnership or sole proprietorship, or employee organization, or by both, other than a plan that provides individual retirement accounts or individual retirement annuities under § 408 of the Internal Revenue Code;
(3)a premium deposit fund;
(4)a variable annuity;
(5)an investment annuity;
(6)an immediate annuity;
(7)a deferred annuity contract after annuity payments have begun;
(8)a reversionary annuity; or
(9)an annuity contract that is delivered outside the State through an insurance producer or other representative of the insurer issuing the contract.