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Session Laws, 1880
Volume 395, Page 567   View pdf image (33K)
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WILLIAM T. HAMILTON, ESQUIRE, GOVERNOR. 567

premiums the amount of losses actually paid in this


State during the same period, for or by said com-


pany, individual, resident or non-resident, partner-


ship or association, under policies of insurance grant-


ed therein ; but without any deduction for expenses


for endorsements which may have been paid, or for


any other cause whatever. A report of the premi-

Report must

ums so collected, and the losses paid by or for any

be made.

such company, as above, must be made to the In-


surance Commissioner, under oath of the chief ac-


counting officer of such company, or of its general


agent for this State, at the time of obtaining the


license hereinabove provided for. Any company


applying for admission into this State shall pay for


license in like proportion for a fractional part of a


year, so that all licenses issued shall expire on the


thirty-first day of December next ensuing ; in addi-


tion to the above license and tax, there shall be paid


by each insurance company, individual, resident or


non-resident, partnership or association, whether of


this State or otherwise, doing business in this State,


the following fees to defray the expenses of executing
the provisions of this act ; upon filing the declaration


or certified copy of charter, hereafter admitted to do


business in this State, "twenty-five dollars; upon


filing each annual statement, twenty-five dollars ;

Fees.

for each certificate of authority which each agent of


every insurance company, not organized under the
laws of this State, is hereby required to obtain, the


sum of ten dollars; provided, however, that sub-


agents or solicitors, who may be appointed by the


general agent of any life insurance company in this


State, shall only be required to pay for these respec-


tive certificates of authority, the sum of two dollars ;


for each abstract of their annual statements for pub-


lication, two dollars ; for every copy of any paper


filed in the insurance department, the sum of twenty


cents per folio; and for affixing the official seal


to such copy and certifying the same, one dollar ;


for valuing policies of life insurance companies,


thirty dollars per million of insurance, or any frac-


tional part thereof; for official examinations of com-


panies under this act, the actual expenses incurred ;


provided that the filing of the papers with the Insu-


rance Commissioner, as required by this act, shall be


in lieu of all papers now required by law to be filed




 

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Session Laws, 1880
Volume 395, Page 567   View pdf image (33K)
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