HARRY W. NICE, GOVERNOR. 363
CHAPTER 151.
AN ACT to repeal and re-enact, without amendments, Sec-
tion 10A of Article 48A of the Code of Public General
Laws of Maryland, as enacted by Chapter 152 of the Acts
of 1933, so as to continue said Act in effect for a further
period of two years.
SECTION 1. Be it enacted by the General Assembly of
Maryland, That Section 10A of Article 48A of the Code of
Public General Laws of Maryland, as enacted by Chapter
152 of the Acts of 1933, be, and the same is hereby repealed
and re-enacted, without amendments', to read as follows:
10A. The Insurance Commissioner of this State shall
have power to make, alter, amend and rescind rules and
regulations imposing any condition upon the conduct of the
business of any insurance company which may be necessary
or desirable to maintain sound methods of insurance and
to safeguard the interests of policyholders, beneficiaries,
obligees and the public generally, during the period of such
emergency, which rules and regulations shall have the force
of law and shall become inoperative when such emergency
shall cease, and an order to that effect shall be made by
said Commissioner, but in no event shall this Act be effec-
tive for more than two years from the date of its passage.
SEC. 2. And be it further enacted, That this Act is
hereby declared to be an emergency law and necessary for
the immediate preservation of the public health and safety
and having been passed upon a yea and nay vote, sup-
ported by three-fifths of all the members elected to each
of the two Houses of the General Assembly, the same shall
take effect from the date of its passage.
Approved: May 17, 1935.
CHAPTER 152.
AN ACT to repeal and re-enact, with amendments, Section
62 of Article 48A of the Code of Public General Laws of
Maryland, title "Insurance, " sub-title "Agents and
Brokers, " providing for the suspension or revocation by
|
|