294 LAWS OF MARYLAND. [CH. 208

of the Acts of 1945, title "Revenue and Taxes", sub-title "In-
surance Taxes", be and the same is hereby repealed and
re-enacted, with amendments, to read as follows:

101. Definitions. As used in this sub-title:

(1) The phrase "insurance company" means (a) every per-
son engaged as principal in the business of writing insurance,
surety, guaranty or annuity contracts (except non-profit
hospital service plan corporations and fraternal beneficiary
associations), and includes mutual insurance companies, title
insurance companies and credit indemnity companies, and
(b) attorneys-in-fact for reciprocal exchanges or inter-in-
surers.

(2) The term "premiums" includes the consideration for

surety, guaranty and annuity contracts, dividends on life in-
surance policies which have been applied to purchase addi-
tional insurance or to shorten the premium paying period,
and so much of the gross receipts of title insurance companies
as is derived from the business of insurance or guaranty, but
shall not include premiums on policies covering weekly dis-
ability benefits on which premiums are payable weekly, or
credits allowed on premiums under policies of industrial
insurance by reason of payment thereof being made to the
home office or to a branch office of the company. The pro-
visions of this sub-section shall be retroactive to October
1, 1941.

(3) The term "policy" includes insurance, surety, guaranty
and annuity contracts.

SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1947.

Approved March 29, 1947.

CHAPTER 208.
(House Bill 97)

AN ACT to repeal and re-enact, with amendments, under
changed section number, Section 82 of Article 48A of the
Annotated Code of Maryland (1943 Supplement) title "In-
surance", sub-title "Agents and Brokers", providing that
it shall be unlawful for any company official, agent, solici-
tor or any other individual to solicit or write any contract
of insurance on behalf of any domestic or foreign company,