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Session Laws, 1924
Volume 568, Page 328   View pdf image (33K)
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328 LAWS OF MARYLAND. [CH. 159

to the following questions: Do you understand that it is
against the laws of this State (a) to act as a broker for any
company without license from this department, (b) to misrep-
resent the conditions of any policy contract, (c) to make any
discrimination between citizens of this State in premiums, or
to rebate any part of premiums or commissions, or to twist or
attempt to twist policies by misrepresentation. Said applica-
tion and declaration shall be signed by the person, a member
of the copartnership, or a duly authorized officer of the corpo-
ration applying as the case may be. If any such license shall
be issued for any portion of any year, a ratable sum shall be
charged therefor up to the first day of May next succeeding the
date of such application.

Approved April 9, 1924.

CHAPTER 159.

AN ACT to repeal and re-enact with amendments Section 74
of Article 48-A of the Code of Public General Laws of Mary-
land, title "Insurance, '' sub-title "Fire Insurance. "

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 74 of Article 48-A of the Code of Public
General Laws of Maryland, title "Insurance, " sub-title "Fire
Insurance, " be and the same is hereby repealed and re-enacted
with amendments so as to read as follows:

Sec. 74. Stamping: Policies in Authorized Companies. All
policies of insurance against loss or damage to property in
this State from fire, lightning or tornado issued by companies
authorized to transact such business in this State, or by any
mutual company or association or by any association, partner-
ship, Lloyd's, individual underwriters, or reciprocal associa-
tion, authorized or permitted to do any insurance business
within this State, shall have plainly marked or stamped in
indelible ink on each policy the words following, "Authorized
to do business in the State of Maryland, " to which shall be
affixed a facsimile of the signature of the insurance commis-
sioner. The commissioner shall furnish stamps for the purpose
herein prescribed at a cost not to exceed two dollars for each
stamp, to be paid by all such authorized companies.

Approved April 9, 1924.

 

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Session Laws, 1924
Volume 568, Page 328   View pdf image (33K)
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