{"data":{"id":"us-md/md.-code-insurance-5-203","jurisdiction":"us-md","citation":"Md. Code, Insurance § 5–203","heading":"","body":"(a) An insurer shall maintain active life reserves for all health insurance policies.\n(b) The active life reserves:\n(1) shall place a sound value on the insurer’s liabilities under the health insurance policies;\n(2) may not be less than the reserves required by the appropriate standards set forth in regulations that the Commissioner adopts; and\n(3) in the aggregate, may not be less than the pro rata gross unearned premiums for the health insurance policies.","path":["Article - Insurance"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin\u0026section=5-203","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:28Z","sha256":"c17895b041fc4551c769266586c2a2df893652a4a5b20e98fa426f8fba740a88","source_id":"us-md","stale":false,"prev":"us-md/md.-code-insurance-5-202","next":"us-md/md.-code-insurance-5-205"},"notice":"GroundRules: Original legal text. Not legal advice."}