396 LAWS OF MARYLAND. [CH. 270

of premiums, policy fees, or rates charged for any policy
or contract of accident or health insurance, or in the
benefits payable thereunder, or in any of the terms or
conditions of such contract, as an inducement of such insur-
ance, nor shall any such company or any officer, agent, solic-
itor or representative thereof, or any insurance broker, pay,
allow or give, or offer to pay, allow or give, directly or in-
directly, as inducement to such insurance, or after the insur-
ance shall have been effected, any rebate from the premium
which is specified in the policy, nor shall the insured, his
agent or representative, directly or indirectly accept or know-
ingly receive any rebate from the premium specified in the
policy, or any special favor or advantage in the dividends or
other benefits to accrue thereon, or any paid employment or
contract for services of any kind; or any special advantage
in date of policy or age of issue, or any valuable consideration
whatever, not specified in the policy. Nor shall any company,
or its representatives, procure from any person applying for
insurance, or for any person acting in collusion with him in
seeking to avoid the penalty prescribed for violation of this
section, a State license for the purpose of allowing such person
a rebate. Provided that nothing in this section shall be so
construed as to forbid a company transacting industrial insur-
ance on the weekly payment plan, with weekly collection of
premiums at the houses of the insured, from returning to
policyholders who have made premium payments directly to
the company at his home office or district offices, the savings
which the company effects through such direct payments; and
provided further that nothing in this section shall be so con-
strued as to forbid a company issuing non-participating life
insurance from paying bonuses to policyholders out of surplus
accumulated from such non-participating insurance.

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

Approved March 29, 1947.

CHAPTER 270.
(House Bill 449)

AN ACT to add a new sub-title and a new section to Article
48A of the Annotated Code of Maryland (1939 Edition),
title "Insurance", said new sub-title to be known as "Title
Insurance", said new section to be known as Section