2106 ARTICLE 48A

to said company. All such licenses shall be issued annually on the first
day July 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, ex-
cept in the case of domestic companies embraced within the provisions
of Section 38, shall pay pro rata, for such fractional part of the year. Pro-
vided, however, that all such licenses to be issued January 1, 1928, shall
be issued and paid for pro rata for the period of eighteen months ending
June 30, 1929.

An. Code, 1924, sec. 34. 1912, art. 23, sec. 187. 1902, ch. 1, sec. 126e. 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.

An. Code, 1924, sec. 35. 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-
tion company organized under the laws of any foreign country, shall pay
an annual license fee of one hundred dollars. No license fee shall be re-
quired of or collected from any company incorporated under the laws of
any state, territory, district or dependency of the United States other
than the State of Maryland, for the purpose of carrying on any of the
classes of insurance known as liability, workmen's compensation, acci-
dent, health, sprinkler leakage, burglary, credit indemnity, or casualty in-
surance, or the writing of fidelity and surety bonds, except under the re-
taliatory provisions hereafter referred to.

An. Code, 1924, sec. 36. 1912, art. 23, sec, 189. 1902, ch. 1, sec. 126e. 1922, ch. 492, sec. 36.

36. (License Fees of Domestic Surety and Casualty Companies.)
Every domestic company doing a liability, workmen's compensation or
casualty insurance business, or the business of writing fidelity or surety
bonds, shall pay an annual license fee of fifteen hundred dollars.

An. Code, 1924, sec. 37. 1922, ch. 492, sec. 37.

37. (License Fees of Title and Mortgage Guarantee Companies.)
Every company doing a title insurance or mortgage guarantee business shall
pay an annual license fee of one hundred dollars.

An. Code, 1924, sec. 38. 1922, ch. 492, sec. 38.

38. (License Fees of Domestic Life, Fire, etc., Companies.) Every
domestic company doing a life, fire, marine or other insurance business
than as embraced in sections 36 and 37, shall pay an annual license fee of
one dollar.

An. Code, 1924, sec. 39. 1922, ch. 492, sec. 39. 1922, ch. 547. 1935, ch. 148.
1937, ch. 225, sec. 39. 1939, ch. 277, sec. 39.

39. (Tax on Premiums.) Every insurance company (domestic or for-
eign) writing life, fire, marine, fidelity, surety, casualty, liability or com-
pensation insurance, except domestic mutual fire insurance companies,
shall pay annually to the Insurance Commissioner a tax on new and renewal