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Session Laws, 1943
Volume 584, Page 324   View pdf image (33K)
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824 LAWS OF MARYLAND. [CH. 305

Acts of 1941, title "Insurance", sub-title "General Provisions",
be and the same is hereby repealed and re-enacted, with amend-
ments, to read as follows:

33. DEFINITION OF INSURANCE COMPANY. As used in Sections
15, 34, 35, 36, 37, 40, 41, 82, 83 and 86 of this Article the
phrase "insurance company", in addition to stock companies,
includes mutual insurance companies, fraternal beneficiary
associations, non-profit hospital service plan corporations, and
attorneys-in-fact for reciprocal exchanges or inter-insurers.

SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1943.

Approved April 30, 1943.

CHAPTER 305.
(House Bill 25)

AN ACT to repeal and re-enact, with amendments, Section
103A of Article 48A of Flack's Annotated Code of Maryland
(1939 Edition), as amended by Chapter 441 of the Acts of
1941, title "Insurance", sub-title "Lloyd's", relating to the
term of Certificate of Authority.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 103A of Article 48A of Flack's Annotated
Code of Maryland (1939 Edition), title "Insurance", sub-title
"Lloyd's", be and the same is hereby repealed and re-enacted,
with amendments, to read as follows:

103A. CERTIFICATE OF AUTHORITY. It shall be unlawful for
any domestic, foreign or alien Lloyd's to transact business in
this State unless it has first obtained and has in force a cer-
tificate of authority issued by the Commissioner. All certifi-
cates of authority issued under the provisions of this sub-title
shall terminate on the thirtieth day of June next following the
date of issuance and may be renewed upon compliance with
the provisions of this sub-title.

SEC. 2. And be it further enacted. That this Act shall take
effect June 1, 1943.

Approved April 30, 1943.

 

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Session Laws, 1943
Volume 584, Page 324   View pdf image (33K)
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