§16–103.

    A life insurer may not:

        (1)    issue or deliver in the State a policy of life insurance or an annuity contract that provides for the payment of an assessment by a policyholder or member in addition to the premium stated in the policy or annuity contract to be charged for the life insurance or annuity; or

        (2)    levy or collect an assessment prohibited by item (1) of this section.