Maryland Statutes
Title 5 - Assets, Liabilities, Reserves, and Investments of Insurers
Subtitle 3 - Standard Valuation Law

Section 5-301 - Definitions - (a) In this subtitle the following words have the meanings...

Section 5-301.1 - Valuation of Reserves Required - (a) (1) (i) Subject to subparagraph (ii) of this paragraph,...

Section 5-302 - Policies and Contracts Issued Before Operative Date of Standard Nonforfeiture Law - Except as otherwise provided in §§ 5-305 and 5-306 of...

Section 5-303 - Policies and Contracts Issued on or After Operative Date of Standard Nonforfeiture Law -- Scope - (a) Except as otherwise provided in §§ 5–305 and 5–306...

Section 5-304 - Policies and Contracts Issued on or After Operative Date of Standard Nonforfeiture Law -- Computation of Minimum Standard - (a) (1) Except as otherwise provided in §§ 5–305 and...

Section 5-305 - Policies and Contracts Issued on or After Operative Date of Standard Nonforfeiture Law -- Computation of Minimum Standard for Annuities - (a) (1) Except as provided in § 5–306 of this...

Section 5-306 - Policies and Contracts Issued on or After Operative Date of Standard Nonforfeiture Law -- Computation of Minimum Standard by Calendar Year of Issue - (a) (1) In this section the following words have the...

Section 5-307 - Policies and Contracts Issued on or After Operative Date of Standard Nonforfeiture Law -- Reserve Valuation Method for Life Insurance and Endowment Benefits - (a) (1) In this subsection, “guaranteed benefits” means future guaranteed...

Section 5-308 - Policies and Contracts Issued on or After Operative Date of Standard Nonforfeiture Law -- Reserve Valuation Method for Annuity and Pure Endowment Benefits - (a) (1) Except as provided in paragraph (2) of this...

Section 5-309 - Policies and Contracts Issued on or After Operative Date of Standard Nonforfeiture Law -- Minimum Reserves for Life Insurance Policies - (a) This section does not apply to reserves for disability...

Section 5-310 - Policies and Contracts Issued on or After Operative Date of Standard Nonforfeiture Law -- Optional Reserve Calculation - (a) Subject to subsection (b) of this section, the Commissioner...

Section 5-311 - Policies and Contracts Issued on or After Operative Date of Standard Nonforfeiture Law -- Reserve Calculation for Valuation Net Premium Exceeding Gross Premium Charged - (a) (1) Except as provided in subsection (b) of this...

Section 5-312 - Policies and Contracts Issued on or After Operative Date of Standard Nonforfeiture Law -- Reserve Calculation for Indeterminate Premium Plans - (a) This section applies to: (1) a plan of life...

Section 5-313 - Valuation Manual - (a) Except as provided in subsection (e) or (g) of...

Section 5-314 - Valuation Manual -- Reserves - (a) For policies and contracts specified in the valuation manual,...

Section 5-315 - Submission of Data as Required in Valuation Manual - A company shall submit the mortality data, morbidity data, policyholder...

Section 5-316 - Confidentiality - (a) In this section, “confidential information” means: (1) a memorandum...

Section 5-317 - Exemptions - (a) The Commissioner may exempt a specific product form or...