Maryland Code, INSURANCE 8-443

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Terms Used In Maryland Code, INSURANCE 8-443

Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
state: means :

(1) a state, possession, territory, or commonwealth of the United States; or

(2) the District of Columbia. See

For the purpose of compliance with standards set out in this article regarding required reserves and required surplus, a society shall invest its funds only in investments that are authorized by, and subject to the limitations of, the laws of the State for the investment of assets of life insurers under Title 5 of this article.

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Part IV Contents