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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 1802   View pdf image (33K)
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1802 ARTICLE 48A.

law it is his duty to ascertain respecting companies of this state doing
business within such other state; and at the request of any person, and on
payment of the proper fee, as hereinafter provided, he shall give certified
copies of any record or paper in his office when he deems it not prejudicial
to the public interest so to do, and he shall give such other certificates as
this article provides for. He shall adopt and renew from time to time,
when necessary, with the approval of the governor, a seal of office, an
impression and description of which, with the governor's certificate of
approval, shall be filed with the secretary of state.

1922, ch. 492, sec. 13.

12. Shall Remit Receipts of Office Quarterly. The commissioner shall,
on the thirty-first day of December, the thirty-first day of March, the
thirtieth day of June and the thirtieth day of September, in each and
every year, report to the comptroller and pay in to the state treasury all
moneys received by him from all sources, save and except the moneys
received by him as the fees of his office, which said fees received and
expenses of his department for the year then to end, he shall annually on
the first day of December, report to the comptroller, and pay into the
treasury all excess of such receipts over disbursements.

General Provisions.

1922, ch. 492, sec. 14.

13. Formation of Insurance Corporations. Corporations may be
formed under the provisions of Article 23 of the Code of Public General
Laws for insurance purposes, and may be formed either as mutual or stock
companies, or as mutual and stock companies combined, as shall be deter-
mined and declared in the certificate of incorporation of any such company.

1922, ch. 492, sec. 15.

14. Powers and Purposes. Corporations formed for insurance pur-
poses as above, shall be formed under and comply with all the provisions
of Article 23, so far as applicable, relating to the formation, powers vested
in and obligations imposed upon corporations formed under the provisions
of said article, except as otherwise specifically provided in this article,
but shall in all other respects be subject to and regulated by the provisions
of this article and by no other law, act or part of act now in force or that
may hereafter be passed, unless one or more classes of corporations embraced
within this article shall be specifically mentioned and embraced within
the provisions of any such act hereafter passed.

1922, ch. 492, sec. 16.

15. Certificate to be Approved by Commissioner before Recording.
The certificate of incorporation of every corporation formed for insurance
purposes, or any amendment thereof, shall be submitted to the insurance
commissioner for examination and by him endorsed as being in accordance
with the provisions of this article and not inconsistent with the Laws and
constitution of this state, before the same may be received by the state

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 1802   View pdf image (33K)
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