INSURANCE. 631
thousand dollars ($4, 000. 00) in any one year. If the per diem and ex-
penses in any case herein provided shall remain unpaid after ten days
from the completion of any such examination, the Insurance Commissioner
may sue therefor. For the purposes of any examination authorized by law,
the Insurance Commissioner, or the Insurance Examiner, shall have power
and is hereby authorized to summon any person or persons being within
this State, and to administer to him or them the proper and necessary
oath, and to examine him or them, under oath, in relation to the affairs
and condition of any insurance company. The result of the official exam-
ination of any such company may, at the discretion of the Commissioner,
be published within thirty days thereafter at the expense of said company
in one daily newspaper published in the City of Baltimore in such con-
densed form as shall show the true condition of the company examined.
Should any insurance company organized under the laws of this State
refuse to permit its affairs to be examined as herein provided, or refuse
free access to its books or papers, or in any manner whatever prevent a
thorough examination, the said Insurance Commissioner shall proceed
against said company in the manner provided in Section 51.
See sec. 193.
An. Code, 1924, sec. 51. 1922, ch. 492, sec. 51. 1933, ch. 552, sec. 51.
51. Liquidation of Insolvent or Illegally Conducted Companies.
Whenever the Insurance Commissioner shall have reason to believe that
any insurance company doing business in this State is insolvent, or fraudu-
lently conducted, or that its assets are not sufficient for carrying on the
business of the same, or during any non-compliance with the provisions of
this Article, it shall be his duty to forthwith cause proper proceedings
to be instituted in the name of the State of Maryland against any such
company in a court of competent jurisdiction, for the purpose of obtain-
ing an injunction suspending the business of said company and having
the said court assume jurisdiction over the property and business of said
company for final liquidation, and the court in which said proceeding is
instituted shall be authorized to appoint the Insurance Commissioner or
the Deputy Insurance Commissioner, Receiver of such company, pro-
vided, however, that no such Receiver shall receive any addititonal com-
pensation for his services as Receiver, but shall be allowed clerical, travel-
ing and legal expenses, subject to the court's order, and shall furnish such
bond as the court may require.
See sec. 195.
1933, ch. 552, sec. 51A.
51A. No application for injunction against, or proceedings for disso-
lution of, or the appointment of a Receiver for, any domestic company
shall be entertained by any court in this State unless the, same is made by
the State of Maryland at the instance of the Insurance Commissioner, and
no application for an ancillary Receiver for a foreign corporation, shall be
instituted except by such authority, or by the Receiver duly appointed by
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