The purpose of this chapter is to approve the use of new mortality tables adopted by the National Association of Insurance Commissioners after 1980 as a basis for determining the minimum standards of valuation of annuities and pure endowments purchased under group annuity and pure endowment contracts.

Authority: Insurance Article, §2-109 and Title 5, Subtitle 3, Annotated Code of Maryland

Effective date: December 31, 1985 (12:26 Md. R. 2545)

Chapter recodified from COMAR 09.30.69 to COMAR 31.05.05 effective September 7, 1998 (25:18 Md. R. 1439)

Chapter revised effective May 24, 2004 (31:10 Md. R. 796)