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The Maryland Code Public General Laws, 1904
Volume 393, Page 536   View pdf image (33K)
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536 CORPORATIONS. [ART. 23

141. Secretary of State to furnish
copies of charters and certifi-
cates upon application.

Gas and Electric Light Companies.

142. Powers of gas-light companies.
143. Of electric-light companies.

Insurance Companies.

144. Amount of capital stock.
145. What branches of insurance
business company may en-
gage in.
146. May be mutual or stock or
mutual and stock companies.
147. Mutual or co-operative life,
accident or health insurance
companies may become joint
stock corporations; rights of
policy holders.
148. Life and accident companies.
149. Life and health insurance com-
panies to have guaranteed cap-
ital of not less than $100,000.
Securities to that amount to
be deposited with State treas-
urer. Change of such securi-
ties.
150. Wife's 'insurance of husband's
life
151. Foreign to have like capital as
domestic companies.
152. Every insurance company to
conduct business in its own
corporate name.
153. Foreign companies to flie their
charter with clerk.
154. Life insurance companies may
not discriminate in favor of
individuals of the same class
in payment of premiums.
155. No State license for allowance
of rebate to be procured.
156. Penalty for violation of afore-
going provisions.
157. Insurance of wife's and minor's
property.

Insurance Department.

158. Insurance commissioner. How
appointed. Tenure. Salary.
His actuary and clerks. Their
salaries.
159. Insurance commissioner may
employ counsel. His compen-
sation; how paid.
160. Special duties; particular enu-
meration of.
161. Actuary shall report violations
of law.
162. Order, judgment, or decree
granted, how.
163. Charters to be approved by
attorney general; examina-
tion by insurance commis-
sioner.
164. Conditions under which
"Lloyds" may transact busi-
ness.
165. Conditions upon -which foreign
insurance companies may
transact business in this State.
166. Additional conditions.
167. License to agents and solicitors.
Tax on premiums collected.
Fees to insurance commis-
sioner.
168. Payment of commissions to
unlicensed agents or solicitors
prohibited. Penalty.
169. Policies to be valid must be
signed by authorized officer or
agent resident in this State.
Proviso as to rolling stock
and movable property of rail-
roads. Premiums to be re-
ported to insurance commis-
sioner.
170. License of authority must be
obtained by certain surety or
guaranty companies.
171. When license shall be issued.
172. Cost of license.
173. Penalty for non-compliance
with requirements.



 

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The Maryland Code Public General Laws, 1904
Volume 393, Page 536   View pdf image (33K)
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