Public Law, Chapter 244, Part I, 124th Legislature, First Regular Session

Chapter 244 H.P. 821 - L.D. 1180

PART I

Sec. I-1. 24-A MRSA §2501, as amended by PL 1995, c. 375, Pt. C, §5, is further amended to read:

§ 2501. Scope of chapter

This chapter applies only to contracts of life insurance and annuities, other than reinsurance, group life insurance and group annuities, except that section 2537 (separate accounts) also applies as to group life insurance and group annuity contracts. :

1. Section 2537 also applies as to group life insurance and group annuity contracts; and

2. Sections 2541 to 2551 apply to group annuities other than those exempted by section 2542.

Public Laws

124th Legislature

First Regular Session

Chapter 244

H.P. 821 - L.D. 1180