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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 1809   View pdf image (33K)
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INSURANCE. 1809

weeks in a daily newspaper published in the City of Baltimore, an ab-
stract of the annual statement of each insurance company, mutual or stock,
doing business in this state, except domestic companies having their prin-
cipal office in one of the counties of this state, in which case said publica-
tion shall be in the county where the principal office of any such company
is located. The actual cost of such publication by the commissioner shall
be taxed against and collected from the companies whose statements are
so published by him. Each of said companies except such mutual com-
panies as are excepted under the provisions of Section 125 shall, in addi-
tion to said publication by the commissioner, publish said abstract of its
annual statement in another paper in Baltimore City, for three consecu-
tive times. The commissioner and the company shall cause the first ap-
pearance of the publication of the abstract of each said company prior to
the first day of April. The commissioner shall, upon the payment of a fee
of one dollar, furnish a certified copy of such abstract so published, to any
person applying therefor.

1924, ch. 562.

32. Whenever any license, permit, or qualification granted or issued
by the Insurance Commissioner to any Insurance Company, Insurance
Broker, Broker's Solicitor, Agent or Solicitor has been revoked or sus-
pended, the Insurance Commissioner may immediately publish the fact
of the revocation of such license or permit and the date of such revocation
in some daily newspaper, published in the City of Baltimore, and by, such
other advertisement or publication as the Insurance Commissioner may
deem proper.

1922, ch. 492, sec. 33.

33. Conditions Precedent to Beginning Business. No person shall
act as agent or solicitor in this state for any insurance company in any
manner whatever relating to insurance risks, until all the provisions of
this article relating thereto have been complied with, and there has been
granted by the insurance commissioner a certificate of authority or license
to said company. All such licenses shall be issued annually on the first
day of January, for the period of one year, upon the payment of the license
fee hereinafter specified. All licenses issued for a period less than a
year, except in the case of domestic companies embraced within the pro-
visions of Section 38, shall pay pro rata for such fractional part of the
year.

1922, ch. 492, sec. 34.

34. License Fees of Foreign Life Companies. Every foreign com-
pany doing a life insurance business in this state shall pay an annual
license fee of three hundred dollars.

1922, ch. 492, sec. 35.

35. License Fees of Foreign Fire and Miscellaneous Companies.
Every foreign company doing a fire, marine or inland insurance business
in this state, and every fidelity, surety, casualty, liability or compensa-

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 1809   View pdf image (33K)
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