Legislation

Providing for the exemption of certain money and assets under certain retirement plans from certain claims; prohibiting the transfer or assumption of certain retirement annuity contracts between certain insurers except under certain circumstances; requiring the prior approval of the Maryland Insurance Commissioner before transferring certain annuity contracts to certain assuming insurers; authorizing the Commissioner to impose certain penalties for certain violations; etc.

Committees

Original:: Finance Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): October 1, 2019

History

Legislation History
Chamber Senate Calendar Date 2/04/2019 Legislative Date 2/04/2019 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Insurance - Group Retirement Annuities - Protections Proceedings
Chamber Senate Calendar Date 2/11/2019 Legislative Date 2/11/2019 Action Hearing 3/08 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/04/2019	2/04/2019	First Reading Finance
			Text - First - Insurance - Group Retirement Annuities - Protections
Senate	2/11/2019	2/11/2019	Hearing 3/08 at 1:00 p.m.

File Code

Subjects

Statutes