{"data":{"id":"us-md/md.-code-insurance-5-508","jurisdiction":"us-md","citation":"Md. Code, Insurance § 5–508","heading":"","body":"(a) A life insurer may lend to its policyholder on the policy as collateral security an amount not exceeding the cash surrender value of the policy.\n(b) A policy loan is an eligible reserve investment of a life insurer.","path":["Article - Insurance"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin\u0026section=5-508","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:28Z","sha256":"00e61c7c368b8766b8b2de7a762a22c65363daeceb2fe2017e02fea81aa00dd6","source_id":"us-md","stale":false,"prev":"us-md/md.-code-insurance-5-507","next":"us-md/md.-code-insurance-5-509"},"notice":"GroundRules: Original legal text. Not legal advice."}