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eligible as members, officers and
directors.
154D. By-laws and policies may fix
contingent mutual liability of
members for losses and expenses
not provided for by cash funds;
assessments ; payment of claims.
154E. Directors may fix dividend upon
expiring policies; cash assets in
excess of liabilities.
154F. Reserves for the protection of
policy holders and employees;
workmen's compensation insur-
ance; suspension or cancellation
of certificate issued by insurance
commissioner ; reinstatement.
154G. Reports to insurance commis-
sioner; examination of compa-
nies by him.
154H. Rules and regulations for pre-
vention of accidents, etc., may
be made; approval of Industrial
Accident Commission ; fines and
forfeiture for violation of rules;
access to premises ; cancellation
of policies.
154I. Non-resident companies; insur-
ance commissioner may issue cer-
tificate to do business specified
in section 154A after January 1,
1916; reserves.
154J. Employers may conduct private
accident and health insurance
for employees ; reserve ; reports ;
license; extra payments; ap-
proval of Industrial Accident
Commission ; withdrawal there-
of and revocation of licenses;
disposition of fund; employer
must answer inquiries.
155. Reorganization of mutual compa-
nies as stock companies ; meet
ings ; necessary vote ; capital
stock ; transfer of assets and lia-
bilities; investments; deposit to
guarantee policies ; valuation of
assets by insurance commission-
er; directors; dissenting mem-
bers ; surplus ; outstanding mu-
tual policies.
159A. Consolidation of Maryland insur-
ance company and non-resident
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company, how conducted ; meet-
ing of stockholders ; agreement,
what to contain ; approval of in-
surance commissioner ; stock cer-
tificates ; transfer of assets and
liabilities ; securities deposited ;
continuation of stockholder's lia-
bility ; pending cases.
162. Life and accident policies ; no dis-
crimination to be made in ; re-
bates ; license for purpose of al-
lowing rebates; industrial insur-
ance; provisos.
163-164. Fire, casualty and surety poli-
cies ; to contain no contract save
that expressed therein ; rebates ;
provisos ; penalties ; evidence.
166. Statements to be filed by persons
insured in unauthorized compa-
nies ; tax and fee ; private rec-
ord.
Insurance Department.
375. Insurance commissioner; deputy;
actuary ; bonds ; expenses.
176B. Auditor may be employed; sal-
ary ; duties ; compensation for
examinations.
178. Duties of commissioner; calcula-
tion of value of policies ; com-
pany's reserve; proceedings to
protect policy holders; examina-
tions of companies ; insolvency ;.
injunction ; reinsurance reserve ;.
records of ; reports by and to ;
certified copies ; seal of office.
Surety and casualty companies,
reserves of, how determined ;
failure to maintain.
184. No persons to act as agents or
solicitors until insurance com-
pany licensed ; tax ; fees.
186. All policies must be signed by res-
ident of Maryland ; proviso as
to railroads. Payment for such
signature and report of pre-
miums to commissioner.
.192. No person or corporation to en-
gage in insurance business, in-
cluding' insurance of titles, save-
licensed broker, without comply-
ing with insurance law; mean7
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