# Md. Code, Insurance § 5-508: –508

> Maryland · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MD_Agin_T5_S5_S5-508

## Section

- **Citation:** Md. Code, Insurance § 5-508
- **Heading:** –508
- **Jurisdiction:** Maryland
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MD Code / Article gin / Title 5 / Subtitle 5 / Section 5-508

## Text

(a) A life insurer may lend to its policyholder on the policy as collateral security an amount not exceeding the cash surrender value of the policy.

(b) A policy loan is an eligible reserve investment of a life insurer.

## Nearby sections

- [Md. Code, Insurance § 5-501 §5–501.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agin_T5_S5_S5-501.md)
- [Md. Code, Insurance § 5-502 §5–502.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agin_T5_S5_S5-502.md)
- [Md. Code, Insurance § 5-503 §5–503.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agin_T5_S5_S5-503.md)
- [Md. Code, Insurance § 5-504 §5–504.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agin_T5_S5_S5-504.md)
- [Md. Code, Insurance § 5-505 §5–505.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agin_T5_S5_S5-505.md)
- [Md. Code, Insurance § 5-506 §5–506.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agin_T5_S5_S5-506.md)
- [Md. Code, Insurance § 5-507 §5–507.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agin_T5_S5_S5-507.md)
- [Md. Code, Insurance § 5-508 §5–508.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agin_T5_S5_S5-508.md)
- [Md. Code, Insurance § 5-509 §5–509.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agin_T5_S5_S5-509.md)
- [Md. Code, Insurance § 5-510 §5–510.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agin_T5_S5_S5-510.md)
- [Md. Code, Insurance § 5-511 §5–511.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agin_T5_S5_S5-511.md)
- [Md. Code, Insurance § 5-512 §5–512.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agin_T5_S5_S5-512.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MD_Agin_T5_S5_S5-508. Check the current official text before relying on it. Not legal advice.