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Session Laws, 1937
Volume 412, Page 265   View pdf image (33K)
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HARRY W. NICE, GOVERNOR. 265
CHAPTER 144.

AN ACT to repeal and re-enact, with amendments, Section 40
of Article 48A of the Maryland Code as amended by Chapter
424 of the Acts of 1929, title "Insurance", sub-title "General
Provisions", providing for the payment of fees for valuing
individual and group policies of life insurance and miscel-
laneous fees by insurance companies.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 40 of Article 48A of the Maryland Code as
amended by Chapter 424 of the Acts of 1929, title "Insurance",
sub-title "General Provisions", be and the same is hereby re-
pealed and re-enacted, with amendments, to read as follows:

40. MISCELLANEOUS FEES. Every insurance company doing
business in this State shall also pay the following fees to the
Insurance Commissioner:

(a) For filing the certified copy of charter, declaration of
organization or deed of settlement required by this Article to
be filed as a condition precedent to doing business in this State,
the sum of twenty-five dollars.

(b)' For filing each annual statement, the sum of twenty-five
dollars.

(c) For the certificate of authority issued to each agent in
this State of every foreign fire or marine insurance company,
the sum of two dollars.

(d) For the certificate of authority issued to each solicitor
in this State of every foreign fire or marine insurance com-
pany, the sum of two dollars.

(e) For the certificate of authority issued to each agent in
this State of every foreign insurance company other than fire
or marine, the sum of two dollars.

(f) For the certificate of authority issued in this State to
each insurance agent or solicitor of every insurance company
incorporated under the laws of this State, the sum of fifty
cents.

(g) For each abstract of its annual statement for publica-
tion, two dollars.

(h) For every copy of every paper filed in the Insurance
Department, the sum of twenty-five cents per folio; and for
affixing the official seal to such copy, the sum of one dollar.

(i) For valuing individual policies of life insurance com-
panies, thirty dollars per million of insurance or any fractional
part thereof, and for valuing group policies of life insurance
companies, three dollars per million of insurance or any frac-
tional part thereof.

 

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Session Laws, 1937
Volume 412, Page 265   View pdf image (33K)
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