WM. PRESTON LANE, JR., GOVERNOR. 263
and salary of the Deputy Insurance Commissioner and
providing for the extension of the term of the incum-
bent Deputy, or his successor, for a period not exceed-
ing two years immediately following his attaining the
age of retirement.
SECTION 1. Be it enacted by the General Assembly of Maryland,
That Section 5 of Article 48A of the Annotated Code of
Maryland (1939 Edition), title "Insurance", sub-title "In-
surance Department", be, and the same is hereby repealed
and re-enacted, with amendments, to read as follows:
Section 5. Deputy Insurance Commissioner. There
shall also be a Deputy Insurance Commissioner, who shall
be appointed by the Commissioner, and who, in the event
of the absence, death, resignation, disability or disqualifi-
cation of the Commissioner, or in case the office of Com-
missioner shall for any cause become vacant, shall have
and exercise all the powers and duties vested by law in
the Commissioner. He shall give bond to the Commis-
sioner in such penalty as shall be determined by the
Commissioner, and shall receive an annual compensa-
tion as provided in the budget. In the event of
the absence or disability of the Deputy Insurance
Commissioner, the Insurance Commissioner appointed
and qualified under Sections 3 and 4 of this Article,
may designate and appoint an Acting Deputy Insurance
Commissioner for the period covering the absence and/or
disability of such Deputy Insurance Commissioner. The
Commissioner is hereby authorized to continue in office
the present incumbent Deputy Commissioner, or any suc-
cessor to said Deputy, for a period not exceeding two
years immediately following his having attained the age
of compulsory retirement as now or hereafter provided
by law, if in the. judgment of the Commissioner, such
action is deemed to be in the best interest of the function-
ing of his Department.
SEC. 2. And be it further enacted, That this Act is
hereby declared to be an emergency measure and necessary
for the preservation of the public health and safety, and
having been passed by a yea and nay vote, supported by
three-fifths of all of the members elected to each of the
two Houses of the General Assembly, the same shall take
effect from the date of its passage.
Approved March 29, 1947.
|
![clear space](../../../images/clear.gif) |