JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 401

CHAPTER 248.
AN ACT to repeal sections thirty-one, thirty-four
and thirty-six of article fifty-six, of the Code of
Public General Laws, title "Licenses," sub-title
"Foreign Corporations and Companies," and to
amend and re-enact said sections so as to read as
follows :
SECTION 1. Be it enacted by the General Assembly of
Maryland. That sections thirty-one, thirty-four and	Repealed,
thirty-six of article fifty-six, of the Code of Public	amended and
General Laws, title "Licenses," sub-title" Foreign	Re-enacted.
Corporations and Companies," be and the same are
herehy repealed, amended and re-enacted so as to
read as follows:
31. No person shall act as agent or solicitor in
this State for any insurance company, including in-	Not act as
dividuals, whether residents or non-residents, part-	agent.
nerships or joint stock associations, except such
companies as may be chartered under the laws of
this State, in any manner whatever relating to
insurance risks, until all the provisions of this article
have been complied with, and there has been granted
by the insurance commissioner a certificate of author-
ity or license, for which said company, individual,
resident or non-resident, or association or their
agent, shall pay into the treasury one hundred dol-	Shall pay.
lars, and if a tax of one and.one-half per cent, on the
gross premiums, less the losses paid during the last
license year collected for said company, individual,
resident or non-resident, or association, during the
said license year, which report of the premiums and
losses the agent or company is required to make to	Report to In-
the insurance commissioner under oath, shall exceed	surance Com- missioner.
the price of said license, there shall be paid into the
treasury, before a license shall be renewed for the
ensuing year, the whole excess of the one and one-
half per cent, over and above the cost of license;
provided, that all premiums loaned in this State for
not less than two years shall be exempt from the
payment of said per centage; and provided, that	Proviso.
all licenses shall expire on the first day of January;
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