216 CORPORATION. [ART. 23

unless sooner removed for cause by the Governor, Comptroller and
Treasurer, and shall give bond to the State of Maryland in the sum of
fifty thousand dollars for the faithful performance of his duties. There
shall also be a deputy insurance commissioner, who shall be appointed
by the State Insurance Commissioner, and shall receive an annual salary
of twenty-two hundred and fifty dollars, payable only out of the receipts
of said office, and in the event of the death, resignation, disability or
disqualification of the State Insurance Commissioner, or in case the
office of insurance commissioner shall become vacant, the said deputy
insurance commissioner shall have and exercise all the powers and duties
vested by law in the State Insurance Commissioner. And the said
deputy insurance commissioner shall give bond to the State Insurance
Commissioner in a penalty to be determined by the commissioner. The
State Insurance Commissioner is also authorized to appoint an actuary
for said Insurance Department at an annual salary of five hundred
dollars, in addition to the fees prescribed by section 184 of this article,
and also to employ such clerical assistance as he may deem necessary
for the proper discharge of the duties and efficiency of his department;
provided, however, that the salary and fees of such actuary and clerks
shall be paid only out of the receipts of said Insurance Department;
and provided further, that he shall not exceed the sum of seventy-five
hundred dollars per annum for the pay of such clerical assistance.*

See notes to this section (as It stood in 1911) in volume 1 of the Anno-
tated Code.

As to workmen's compensation insurance, see article 101.

1914, ch. 285.

176B. The State Insurance Commissioner is also authorized to
employ an Auditor for the Insurance Department at an annual com-
pensation not exceeding $1,000, which shall be paid out of the fees of
said Insurance Department. It shall be the duty of said Auditor to
examine and audit the annual statements of all insurance companies
authorized to do business in the State of Maryland and filing annual
statements with the Insurance Department, the books, accounts and
affairs of the Insurance Department, and such other auditing as the
Insurance Commissioner may direct; provided, however, that when-
ever said Auditor shall be directed by the Insurance Commissioner to
examine or assist in the examination of any insurance company author-
ized to do business in this State, whether incorporated under the laws
of this or any other State, he shall be entitled to be paid by the com-
pany whose affairs shall be examined by him his traveling and other
expenses, and such reasonable compensation, not exceeding $15.00 a

*By section 2 of the act of 1912, chapter 355, it is provided that nothing con-
tained in that act should be so construed as to vacate the present term of office
of the insurance commissioner, and that the present incumbent should hold his
office under that act for the remainder of the term for which he was appointed,
unless sooner removed for cause.