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Session Laws, 1935
Volume 579, Page 541   View pdf image (33K)
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HARRY W. NICE, GOVERNOR. 541

ance company doing business in this State shall be deter-
mined upon under the provisions of this Article, the exam-
iner of the insurance department and such other person or
persons who shall be appointed by the Insurance Commis-
sioner for that purpose shall visit such company at its
principal office and make a thorough examination into its
affairs; and if such company shall refuse to permit such
examination, or shall refuse access to all its books and
papers, or shall in any way prevent or obstruct a thorough
examination into its affairs, he shall not grant a license to
such company, or if a license shall already have been
granted, he shall at once revoke it and publish the fact of
such revocation in one daily newspaper published in the
City of Baltimore. The Insurance Commissioner shall be
paid by the company whose affairs are examined, the travel-
ing and other necessary expenses incurred in any such ex-
amination, and in addition thereto, a per diem fee to be
fixed by the Commissioner. Whenever the necessity may
appear, the Insurance Commissioner is authorized to em-
ploy special examiners or assistants on a per diem basis,
and to charge the company whose affairs are examined for
their traveling and other necessary expenses, including the
per diem fee to be fixed by the Commissioner. The Insur-
ance Commissioner shall collect all such fees and expenses,
and pay the same to the State Treasurer, and he shall draw,
on proper orders, from the State Treasury, the amounts
necessary for the salaries and expenses of his office, and for
the payment of per diem fees, but no official or employee of
the department, receiving a regular salary, except the
Senior Examiner, now acting as Examiner and Chief Clerk,
and who now receives compensation as provided by the
budget and per diem fees approved by the Insurance Com-
missioner when engaged in the examination of companies,
shall be paid or receive any additional compensation or per
diem fees, except to the extent permitted by the express
provisions of this sub-title. Provided, however, that the
total amount of salary and per diem fees for said Senior
Examiner shall not exceed four thousand dollars
($4, 000. 00) in any one year. If the per diem and expenses
in any case herein provided shall remain unpaid after ten
days from the completion of any such examination, the In-
surance Commissioner may sue therefor. For the purposes
of any examination authorized by law, the Insurance Com-
missioner, or the Insurance Examiner, shall have power
and is hereby authorized to summon any person or persons
being within this State, and to administer to him or them
the proper and necessary oath, and to examine him or them,
under oath, in relation to the affairs and condition of any

 

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Session Laws, 1935
Volume 579, Page 541   View pdf image (33K)
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