While working on another project one day, I made a copy of the Maryland
life insurance investment code.
At company D, the legal department was a lapdog to the management, but we drove a bill through the state legislature to modernize the state's
life insurance investment code.
In one state that I worked in, I managed to push a bill through the legislature that modernized that
life insurance investment code, bringing it from the mid-50s to the late»90s.
Not exact matches
Note that the tax
code restricts the
investment options available to a
life insurance policy issuer.
Generally, the Internal Revenue
Code Section 7702 implicates to place limits on the orientation of the
investment in
life insurance contracts in two either ways, by imposing minimum amount of death benefits and by restricting the allowed premium payment as written and mandated in the contract or both.