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The Maryland Code, Public General Laws, 1888
Volume 389, Page 341   View pdf image
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ART. 23.] CORPORATIONS—INSURANCE DEPARTMENT. 341

cation of the insurance commissioner and the company by whom
they have been deposited; and all such transfers must be coun-
tersigned by the insurance commissioner.

1880, ch. 387.

139. The insurance commisssioner shall, annually, at the time
of issuing a license to each insurance company doing business in
this State, publish an abstract of the annual statement required
by this article, of each insurance company doing business in this
State, once a week for three consecutive weeks, in a dally news-
paper published in the city of Baltimore, except that in case of
insurance companies of this State having their principal office in

one of the counties of this State, the newspaper selected for
such publication must be published in the county where such

company is located; the companies shall, in addition, publish in
another paper, said abstract, three consecutive times; and the
insurance commissioner and the company shall cause the first
appearance of the publication of the fire insurance companies
prior to the first day of March, and of life insurance companies

prior to the first day of April; and the actual net cost of said
publication by the insurance commissioner he is hereby author-
ized to collect from each company, the abstract of whose state-
ment is so published by him; and provided also, that any corpo-
ration, association, partnership or individual doing a life insurance
business in this State on the co-operative or mortality assessment
plan, shall not be subject to the provisions of sub-sections second,
third, fourth, fifth and eighth of section 122 and of section 136
of this article, nor to any other provisions of this article not
applicable to the co-operative plan, but shall in all other respects

comply with the provisions of this article and any amendments
thereto.

1874, ch. 9.

140. Any insurance company, incorporated under the laws of
any other State, may acquire by purchase, or any other manner,
and take, receive, hold, use, employ, manage, dispose of, or deal
with, any property, real, personal or mixed, and situate in the
State of Maryland, which may be necessary or proper to enable
any of said insurance companies to erect buildings for office or
business purposes, or to enable any of said insurance companies

 

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The Maryland Code, Public General Laws, 1888
Volume 389, Page 341   View pdf image
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