WM. PRESTON LANE, JR., GOVERNOR. 191

of Maryland (1943 Supplement), as amended by Chapter 752
of the Acts of 1945, title "Insurance", sub-title "Non-Profit
Health Service Plans", be and the same is hereby repealed and
re-enacted, with amendments, to read as follows:

236. (License.) (a) No corporation subject to the pro-
visions of this sub-title shall issue contracts for the rendering
of hospital, medical or dental service to subscribers until the
Insurance Commissioner, has, by formal certificate or license,
authorized it to do so. Application for such certificate of au-
thority or license shall be made on forms to be supplied by the
Insurance Commissioner, containing such information as he
shall deem necessary. Each application for such certificate
of authority or license, as a part thereof, shall be accompanied
by copies of the following documents, duly certified by at least
two (2) of the executive officers of such corporation:

(1) Certificate of Incorporation, with all amendments,
thereto;

(2) By-laws, with all amendments thereto;

(3) Each contract executed or proposed to be executed
by and between the corporation and any hospital, physician or
dentist, embodying the terms under which hospital, medical or
dental service is to be furnished to subscribers to the Plan;

(4) Each form of contract issued or proposed to be is-
sued to subscribers to the plan, together with a table of the
rates charged, or proposed to be charged, to subscribers for
each form of such contract;

(5) Financial statement of the corporation, which shall
include the amount of each contribution paid or agreed to be
paid to the corporation for working capital, the name or names
of each contributor and the terms of each contribution.

(b) The Insurance Commissioner shall issue a certificate of
authority, or license, to each applicant upon the payment of
the fee provided for by Section 36 of this Article and upon
being satisfied:

(1) That the applicant has been organized bona fide for the
purpose of establishing, maintaining and operating a Non-
Profit Health Service Plan;

(2) That each contract executed, or proposed to be executed,
by the applicant and any hospital, physician or dentist for the
furnishing of hospital, medical or dental service to the sub-
scribers to the Health Service Plan obligates, or will, when
executed, obligate each hospital, physician or dentist party
thereto to render the service to which each subscriber may be