1796 ARTICLE 48A.

127. Reinsurance. 128. Resident agent; policy forms. 129. Dividends on policies. 130. Impairment of assets; insolvency. 131. Rules for prevention of accidents. 132. Employer and employees may agree upon scheme of compensation. 133. Penalties. 134. Inconsistent provisions of law re- pealed. Reciprocal Exchanges and Inter- Insurers. 135. Reciprocal or inter-insurance con- tracts ; exemptions. 136. Execution of such contracts. 137. Attorney shall file verified declara- tion. 138. Service of process. 139. Limit of liability. 140. Reserves; impairment of assets. 141. Annual reports; examinations. 142. All domestic corporations authorized to exchange contracts of insurance. 143. Certificate of authority. 144. Taxes and fees; agents' licenses. 145. Penalties. Fraternal Beneficiary Associations. 146. Denned. 147. Lodge system defined. 148. Representative form of government defined. 149. Exemptions. 150. Benefits.

151. Beneficiaries. 152. Qualifications for membership. 153. Certificate. 154. Funds. 155. Deferred payments. 156. Investments. 157. Distribution of funds. 158. Organization. 159. Existing corporation, reincorporation. 160. Mergers and transfers. 161. Annual license. 162. Admission of foreign associations. 163. Service of process. 164. Place of meeting. 165. Liability of officers and members. 166. Limitation upon power to waive pro- visions of association's laws. 167. Benefits exempt from execution. 168. Amendments to Constitution and laws. 169. Annual reports. 170. Valuation of certificates. 171. Standard of valuation. 172. Report of valuation. 173. Provisions to insure future security. 174. Deficiency shown by triennial valua- tion. 175. Examination of domestic associations. 176. Application for receiver. 177. Examination, of foreign association. 178. Adverse publications. 179. Revocation of license. 180. Exemptions. 181. Exemptions from taxation. 182. Penalties.

held to have been brought under, and to have been conducted in substantial compli-
ance with, sub-sec. 7, and hence that the court had jurisdiction. Monumental Ins. Co. v.
Wilkinson, 100 Md. 32.

This section referred to in declaring sec. 122B of the act of 1902, ch. 338, in conflict
with art. 3, sec. 29, of the Md. Constitution, and hence void. Kafka v. Wilkinson, 99
Md. 238; Baltimore v. Williams, 124 Md. 513.

179. This section referred to in declaring sec. 122B of the act of 1902, ch. 338, in
conflict with art. 3, sec. 29, of the Md. Constitution, and hence void. Kafka v. Wilkin-
son, 99 Md. 238.

182. This section held not to give Maryland courts jurisdiction over the internal
affairs of a foreign corporation, nor any visitorial power over it so that its charter
might be forfeited or its officers removed; nor can Maryland courts exercise authority
over the by-laws or the relations between such corporation and its members growing
out of the law of its creation. Object of this section. Controversy held to relate solely
to the internal management of a corporation. Condon v. Mutual Reserve Assn., 89
Md. 116.

Where a foreign insurance company has executed the power of attorney prescribed
by this section, service of process of the United States circuit court on the agent named
in such power is valid although the suit is upon a cause of action of which the state
courts C9uld not take jurisdiction under sec. 411 of the Code of 1904—see art. 23, sec.
118. Object of this section. Carstairs v. Mechanics' Ins. Co., 13 Fed. 824.