774                               Laws of Maryland                        [Ch. 464

grace period of thirty days may be allowed in the Commissioner's
discretion for the filing of the annual statement.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 33 of Article 48A of the Annotated Code of Maryland
(1951 Edition), title "Insurance", sub-title "General Provisions", be
and it is hereby repealed and re-enacted, with amendments, to read
as follows:

33. (Annual Statement.) Every insurance company conducting
any branch of insurance business in this State, must transmit to the
Insurance Commissioner a statement of its condition and business
for the year ending on the preceding thirty-first day of December,
which statement shall be rendered on the first day of January follow-
ing, or within sixty days thereafter (except that companies of foreign
countries may transmit their statement of business, other than that
done in the United States, at any time prior to the following first of
July), which statements must be in the form and state the particu-
lars required by the blanks prescribed by the Insurance Commis-
sioner; and he may require at any time statements from any com-
pany doing business within this State, or from any of its officers or
agents, on such points as he may deem necessary and proper to elicit
a full exhibit of its business and standing; all of which statements
herein required must be certified by the signatures and oath of the
president or vice-president of the company, with that of the secre-
tary or actuary. No company having neglected to file a statement
required of it within the time and manner prescribed shall do any
new business, after notifications by the Insurance Commissioner,
while such neglect continues; and any company neglecting for thirty
days to make and transmit any statements required, shall forfeit One
Hundred Dollars for each day's neglect. The Commissioner may, for
good and sufficient cause shown, extend the filing date of such annual
statement for a period of time not exceeding thirty (30) days.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1957.

Approved April 10, 1957.

CHAPTER 464
(Senate Bill 330)

AN ACT to repeal and re-enact, with amendments, Section 17 of
Article 33A of the Annotated Code of Maryland (1951 Edition),
title "Eminent Domain"; to add new Section 17A to said Article
and title to follow immediately after Section 17 thereof, providing
for abatement AND ADJUSTMENT of real property tax in favor
of the condemnee when condemnation proceedings are instituted.
AND TO ADD A NEW SECTION TO ARTICLE 89B OF THE

Explanation: Italics indicate new matter added to existing law.

[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.