2186 AETICLE 48A

on the first day of January following, or within sixty days thereafter,
which statement must be in the form and state the particulars required
by the blanks prescribed by the Commissioner, and he may require at
any time statements from any company doing business within this State,
or from any of its officers or agents, on such points as he may deem neces-
sary and proper to elicit a full exhibit of its business and standing; all
of which statements must be certified to under oath by the proper officers
and/or agents of said company. No company having neglected to file a
statement required of it, within the time and manner prescribed, shall do
any new business after notification by the Commissioner, while such
neglect continues; and any company neglecting for thirty days to make
and transmit any statements required shall forfeit one hundred dollars
($100.00) for each day's neglect.

1931, ch. 530, sec. 192.

226. (Publication of Revocation or Refusal to Renew License.) When
ever any license issued by the Commissioner to any company has been re-
voked or suspended by the Commissioner or whenever the Commissioner
has refused to renew a license, he may immediately publish the fact of the
revocation, suspension or refusal to renew such license in some daily news-
paper published in the City of Baltimore, and by such advertising or pub-
lication as he may deem proper.

1931, ch. 530, sec. 193.

227. (Examination of Companies.) Once at least during his term of
office the Commissioner shall cause the affairs of every company organized
under the laws of this State to be thoroughly inspected and examined with
special regard to its financial condition and its ability to fulfill its obliga-
tions, and shall ascertain and determine whether or not it has complied
with the laws of this State; he shall also cause an examination of every
such company to be made whenever he deems it prudent to do so. When-
ever the Commissioner may have reason to doubt the solvency or the
correctness of the statement of any foreign company which may have been
licensed to do business in this State, or which may be applying for said
license, he shall communicate such doubts, and the reasons therefor, to the
Insurance Commissioner, or other officer charged with the supervision of
similar companies of the State in which said company is located, and if
he is not satisfied from the information obtained from such Insurance
Commissioner or other officer, or from the officers of the company, that
the condition of the company is such as to warrant him in permitting it to
transact business in this State, under the provisions of this sub-title, he
shall notify such company that it will be necessary for him to have its
affairs examined. Whenever an examination of any company doing busi-
ness in this State shall be determined upon under the provisions of this
sub-title, the examiner of the insurance department and such other person
or persons who shall be appointed by the Commissioner for that purpose
shall visit such company at its principal office and make a thorough exam-
ination into its affairs; and if such company shall refuse to permit such
examination, or shall refuse free access to all its books and papers, or
shall in any way prevent or obstruct a thorough examination into its
affairs, he shall not grant a license to such company, or if a license shall