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The Annotated Code of the Public General Laws of Maryland, 1914
Volume 373, Page 233   View pdf image (33K)
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ART. 23] INSURANCE DEPARTMENT. 233

1904, art. 23, sec. 198. 1892, ch. 537. 1894, ch. 473, sec. 143.* 1914, ch. 632.

215. Every insurance company doing business in any of the coun-
ties of this State shall, during the month of April of each and every
year, publish in at least one newspaper published in each of said coun-
ties, for three consecutive weeks, an abstract of the annual statement
as required by this article; provided that such publication shall not be
required of mutual insurance companies formed under any general or
special law of this State which annually send a full and detailed state-
ment of the affairs and business of said companies to all of their respec-
tive policy holders and to the State Insurance Commissioner; and pro-
vided, further, that fire, life, bonding and casualty insurance compa-
nies shall be required to publish such abstract of their annual state-
ments in one newspaper in Baltimore City, and not elsewhere; and
provided, further, that a certified copy of such abstract so published
shall be furnished by the insurance commissioner to any person, firm
or corporation applying therefor upon the payment of a fee of one
dollar.

Insurance Broker.

218.

This section referred to inconstruing section 219—see notes thereto.
Shehan v. Tanenbaum, Son & Co., 121 Md. 287.

1904, art. 23, sec. 200. 1900, ch. 740, sec. 143B. 1914, ch. 504.

219. Any natural person, bona fide co-partnership or corporation
applying therefor as hereinafter set forth, and paying to the Insurance
Commissioner the sum of one hundred dollars ($100.00) for the use
of the State, and an additional sum of one dollar ($1.00) as a fee to the
said Commissioner for issuing said license, may obtain a license for
carrying on the business of an insurance broker; provided, however,
that any natural person, bona fide co-partnership, or corporation resid-
ing in any of the Counties of this State may, upon payment of a fee of
twenty-five dollars ($25.00), for the use of the State, and an additional
sum of one dollar ($1.00) as a fee to the said Commissioner for issu-
ing said-license, obtain a license to act as broker as to risks situated
in the County only within which he, they or it may reside. A license
issued to a co-partnership or corporation shall authorize only those
members of the co-partnership, not exceeding three in number, who
are specified in the license, or those officers, agents and employes of
the corporation, not exceeding three in number, who are specified in the
license, to act for the said co-partnership or for the said corporation
thereunder. The Insurance Commissioner shall from time to time,
upon application, and payment of an additional sum of fifty cents in
each such case as a fee to the Insurance Commissioner, change the
designations of members of co-partnerships, and of officers, agents and
employes of corporations in licenses issued under this section to co-

*Should have been called 142C,

 

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The Annotated Code of the Public General Laws of Maryland, 1914
Volume 373, Page 233   View pdf image (33K)
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