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The Annotated Code of the Public General Laws of Maryland, 1918
Volume 374, Page 127   View pdf image (33K)
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ART. XXIII] INSURANCE DEPARTMENT. 127
fulfill their obligations, in order that the insurance commissioner may
ascertain and determine whether or not they have complied with the
laws of this State.*
1918, ch. 101, sec. 1T7A.
177A. The Insurance Commissioner and the Deputy Insurance
Commissioner shall have the power to administer oaths to all witnesses
who appear before them, or either of them, in connection with any
examination, investigation or hearing, the violation of which oaths shall
constitute perjury; and also to require agents and brokers to produce
any books, policies or papers in their possession that may be needed in
connection with any hearing, examination or investigation of such
agents or brokers.
1904, art. 23, sec. 160. 1888, art. 23, sec. 122. 1860, art. 56, sec. 28. 1858, ch. 432,
sec. 2. 1872, ch. 388. 1874, ch. 400. 1876, ch. 248. 1878, ch. 106. 1886,
ch. 132. 1894, ch. 272. 1902, ch. 338. 1914, ch. 821. 1914, ch.
152. 1914, ch. 631. 1918, ch. 101. 1918, ch. 102.
178. It shall be the duty of the insurance commissioner:
First. To see that all laws of this State relating to insurance or
insurance companies are faithfully executed; to keep on file in his office
copies of the charter, declaration of organization or deed of settlement
of every insurance company, including partnerships, joint stock associa-
tions and corporations organized under the laws of this State, or organ-
ized under the laws of some other State or nation, and applying to do
business in this State, which copies shall be duly certified in accord-
ance with the laws by the secretary of State or other proper officer of
the State or nation wherein such companies are organized; and the
insurance commissioner shall, upon application of any such company or
association, furnish them with certified copies of their charter so filed
in his department.
Second. To furnish in December of each year to the companies
required by this Article to report to him the necessary blank forms for
the statements required; and as soon as practicable in each year, he
shall cause to be calculated by the actuary of his department, under his
supervision, the net value, on the thirty-first day of December of the
previous year, of all the policies and additions thereto, and all obliga-
tions for the payment of annuities in force on that day of each life
insurance company doing business in this State organized by authority
of this State; and every other life insurance company doing business
in this State, that shall fail to furnish him, as hereinafter provided,
from the insurance Commissioner of this State by whose authority the
Company was organized, or of the State in which it may elect to have
its policies valued and its deposits made, in case the Company is char-
tered by the Government of the United States, or by any foreign gov-
ernment, or by any State not having an insurance department, a certifi-
*The act of 1918, chapter 451, is in effect October 1, 1918.


 
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The Annotated Code of the Public General Laws of Maryland, 1918
Volume 374, Page 127   View pdf image (33K)
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