Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 31. Maryland Insurance Administration |
Subtitle 09. LIFE INSURANCE AND ANNUITIES |
Chapter 31.09.07. Charitable Gift Annuities |
Sec. 31.09.07.01. Applicability
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A. This chapter is applicable to annuity agreements issued to donors who are Maryland residents, under a special permit in accordance with Insurance Article, §16-114, Annotated Code of Maryland.
B. This chapter is applicable to any charitable gift annuity issued to a Maryland resident after the effective date of these regulations.
C. This chapter is applicable to organizations in or outside Maryland if the organization solicits annuity agreements in Maryland.