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Session Laws, 1920
Volume 539, Page 466   View pdf image (33K)
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466 LAWS OF MARYLAND. [CH. 268

State, the agent or attorney for the company, upon whom
process of law can be served ; (there must, also be filed with the
Insurance Commissioner a certified copy of the vote or resolu-
tion of the directors appointing such attorney, which appoint-
ment shall continue until another attorney be substituted.)
And said writing or power of attorney shall stipulate and
agree, on the part of the company making the same, that any
lawful process against said company which is served on such
agent, shall be of the same legal force and validity as if served
on such company or association within this State; and also,
that in case of the death or absence of the attorney so ap-
pointed, service of process may be made upon the Insurance
Commissioner of this State; and such power of attorney can-
not be revoked or modified (except that a new one may be sub-
stituted), so long as any policy or liability remains outstand-
ing against such company in this State; the term process,
used above, shall be held and deemed to include any writ, sum-
mons or order, whereby any action, suit or proceeding shall be
commenced, or which shall be issued in or upon any action,
suit or proceeding, by any court, officer or magistrate; third, a
statement of the condition of the company on the thirty-first
day of December next preceding, under oath of the president
or vice-president of the company, with that of the secretary or
actuary, as hereinafter provided for; fourth, a requisition for
the appointment of each agent or solicitor, executed by the
proper officers or authorized representative of the insurance
company certifying to the fitness of the appointee and signed
by the agent or solicitor applying for a license, in accordance
with the provisions of Section 184B of this Article. An insur-
ance company may designate any representative as Principal
or General Agent, or State Manager, and any representative
thus designated shall be authorized to requisition upon the
Insurance Commissioner for the appointment of sub-agents or
solicitors.

SECTION 2. And be it further enacted, That this Act shall
take effect on and after July 1st, 1920.

Approved April 9, 1920.

CHAPTER 268.

AN ACT to repeal and re-enact with amendments Sections 2
and 7 of Article 11 of the Annotated Code of Maryland,


 

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Session Laws, 1920
Volume 539, Page 466   View pdf image (33K)
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