{"data":{"id":"us-md/md.-code-insurance-5-309","jurisdiction":"us-md","citation":"Md. Code, Insurance § 5–309","heading":"","body":"(a) This section does not apply to reserves for disability and accidental death benefits and benefits for long-term home health care and long-term care in a nursing home or other related institution included in a life insurance policy.\n(b) An insurer’s aggregate reserves for all life insurance policies may not be less than the aggregate reserves calculated in accordance with:\n(1) the methods set forth in §§ 5-307, 5-308, 5-311, and 5-312 of this subtitle; and\n(2) the mortality tables and rates of interest used in calculating nonforfeiture benefits for those policies.","path":["Article - Insurance"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin\u0026section=5-309","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:28Z","sha256":"ee32055cf26c48c95e8fc7e042d58d902a220f066006496df3bee638e0d72da8","source_id":"us-md","stale":false,"prev":"us-md/md.-code-insurance-5-308","next":"us-md/md.-code-insurance-5-310"},"notice":"GroundRules: Original legal text. Not legal advice."}
