214 CORPORATIONS. [ART. 23

hazard of any kind that may arise or occur therein or agreement as to
such contract, other than as plainly expressed in the policy issued or to
be issued thereon; nor shall any such company, association, partnership.
Lloyds or individual underwriters, or any officer, agent, solicitor, repre-
sentative thereof directly or indirectly, in any manner whatsoever, pay
or allow or offer to pay or allow as inducement of such insurance, or
after the insurance shall have been effected, any rebate from the pre-
mium which is specified.in the policy, or any special favor or advantage
in the dividends or other benefits to accrue thereon, or any valuable con-
sideration or inducement whatever, not specified in the policy or con-
tract of insurance, nor shall any insurance broker, his agent, or repre-
sentative, or any other person directly or indirectly, either by sharing
commissions or in any manner whatsoever pay or allow or offer to pay
or allow as inducement to such insurance, or after the insurance shall
have been effected, any rebate from the premium which is specified in
the policy; nor shall the insured, his agent or representative, directly or
indirectly, accept or knowingly receive from any company, association,
partnership, Lloyds or individual underwriters, or from any insurance
broker or other person, any such rebate of premium payable on the
policy, or any special favor or advantage in the dividends or other bene-
fits to accrue thereon; this section shall not prevent any corporation,
person, partnership or association lawfully doing such insurance business
in this State from the distribution of surplus and dividends to policy
holders after the first year of insurance, nor prevent any member of an
inter-insurance of Lloyds association from receiving the profit on his or
its underwriting; nor shall this section prevent any licensed insurance
broker from sharing or dividing a commission earned or received by him
with any other licensed insurance broker or brokers who shall have aided
him in respect of the insurance for the negotiation of which such com-
mission shall have been earned or paid.

1904, art. 23, sec. 156. 1890, ch. 254. 1892, ch. 441, sec. 1190.
1912, ch. 102, sec. 156.

164.* Any person or corporation violating any of the provisions of
sections 162 and 163 of this article shall be guilty of a misdemeanor,
and upon conviction thereof the offender or offenders shall be sentenced
to pay a fine of not less than two hundred dollars nor more than, five
hundred dollars for each and every violation of either of said sections.
Any agent or solicitor of any insurance company, or any insurance
broker shall upon being convicted of a second offence under said sections
be disqualified from acting as an insurance agent or broker for the
period of one year thereafter, and it shall be the duty of the insurance
commissioner, upon being satisfied that any insurance company, or any
agent thereof, has violated any of the provisions of said sections 162 and

*While sections 162-164 are referred to in the title and enacting clause of the
act of 1912, chapter 102, as being under the sub-title "Insurance Department,"
as a matter of fact they are under the sub-title "Insurance Companies."