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106 CORPORATIONS. [ART. 23
Insurance Commissioner in the manner provided in the ninth
paragraph of section 122 of this article.
Fraternal Alliance v. State, 66 Md. 656-8.
1898, ch. 468.
128 A. Such organizations as are described in section 128 of
this article may, upon complying with the requirements contained
in said section, make such contracts of insurance as are by said
section allowed, both of adults and of infants; provided, however,
that in all cases of the insurance of infants, some adult shall
become responsible for all obligations of said infant to said organi-
zation.
1894, ch. 175.
138. Any person or persons, or any company or association,
violating any of the provisions of sections 121 to 137, inclusive,
of this article, shall be subject to a fine not less than one hundred
dollars, nor more than one thousand dollars, which fine shall be
collected as all other fines imposed by the laws of this State are
now collectible; provided, that when, by the laws of any other
State, any deposit of money or securities is required, or taxes,
fines or penalties or other obligations or prohibitions are imposed
upon insurance companies incorporated or organized under the
laws of this State, and transacting business in such other State,
or upon the agents of such insurance companies, greater than
those required or imposed by the use of this State, so long as
such laws continue in force, the same taxes, fines, penalties and
deposits, obligations and prohibitions, shall be imposed upon all
agents or insurance companies of such State, doing business in
this State, instead of those prescribed by the laws of this State.
Any deposit of money or securities required by this section, shall
be made with the treasurer of this State, and it shall be the duty
of the treasurer to assign and change, or surrender any such
securities so held by him, upon the joint application of the Insur-
ance Commissioner and the company to which they belong.
And the treasurer shall make no transfer of such securities except
upon such joint application of the Insurance Commissioner and
the company by whom they have been deposited, and all such
transfers must be countersigned by the Insurance Commissioner.
Metropolitan Life Ins. Co. v. Dempsey, 72 Md. 298. Talbott B. Fidelity
and Casualty Co, 74 Md. 540.
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