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Session Laws, 1894 Session
Volume 480, Page 395   View pdf image (33K)
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FRANK BROWN, ESQUIRE, GOVERNOR.

395

said treasury a tax of one and one-half per centum on the
amount of premiums actually collected, received or secured in
this State, or from residents thereof, during the last license
year, by or for said company, individual, resident or non-resi-
dent, partnership or association, and without any deduction
for expenses or endowment, which may have been paid, or for
any other cause whatever. A report of the premiums so col-
lected as above must be made to the insurance commissioner,
under oath of the chief accountant officer of such company, or
of its general agent of this State, at the time of obtaining the
license herein above provided for. Any company applying
for admission into this State, shall pay for license in like pro-
portion for a fractional part of a year, so that all licenses issued
shall expire on the thirty-first day of December next ensuing ;
in addition to the above license and tax, there shall be paid by

Tax on pre-
miums col-
lected.

each insurance company, individual, resident or non-resident,
partnership or association, whether of this State, or otherwise
doing business in this State, the following fees to defray the
expenses of executing the provisions of this article : Upon filing
the declaration or certified copy of charter, hereafter admitted
to do business in this State, twenty-five dollars; upon filing
each annual statement, twenty five dollars; for each certificate
of authority, which each agent or solicitor of every insurance
company not organized under the laws of this State and doing
herein the business of insurance in any of its branches, is hereby
required to obtain, the sum of ten dollars; provided, however,
that sub-agents or solicitors who may be appointed by the gen-
eral agent of any life or accident insurance company in this State
shall only be required to pay for these respective certificates of
authority the sum of two dollars; for each abstract of their annual
statement for publication, two dollars; for every copy of any
paper filed in the insurance department, the sum of twenty cents
per folio; and for affixing the official seal to such copy and certi-
fying the same, one dollar; for valuing policies of life insurance
companies, thirty dollars per million of insurance or any frac-
tional part thereof; for official examination of companies under
this article, the charges specified in the 8th paragraph of section
122 of this article : provided, that the filing of the papers with
the insurance commissioner, as required by this article, shall be
in lieu of all papers now required by law to be filed with the
Comptroller and clerk of the Superior Court of Baltimore
city, and the certificate of authority issued to any solicitor of a
foreign insurance company, whether he be a solicitor for a life
insurance company or a fire insurance company, or for an insur-
ance company doing the business of insurance in any of its

Fees to insur-
ance com-
missioner.



 
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Session Laws, 1894 Session
Volume 480, Page 395   View pdf image (33K)
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