{"data":{"id":"us-md/md.-code-insurance-17-103","jurisdiction":"us-md","citation":"Md. Code, Insurance § 17–103","heading":"","body":"An insurer that issues a policy to a creditor to insure debtors of the creditor shall provide to the creditor for delivery to each debtor insured under the policy a form that states that:\n(1) the life of the debtor is insured under the policy; and\n(2) a death benefit paid under the policy because of the debtor’s death shall be applied to reduce or extinguish the indebtedness.","path":["Article - Insurance"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin\u0026section=17-103","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:28Z","sha256":"b68de3fdcaef3ddeef9ec7246ad5a19b8d67a79661c93391c0256e94e5efca6d","source_id":"us-md","stale":false,"prev":"us-md/md.-code-insurance-17-102","next":"us-md/md.-code-insurance-17-104"},"notice":"GroundRules: Original legal text. Not legal advice."}