PHILLIPS LEE GOLDSBOROUGH, GOVERNOR. 1029

CHAPTER 618.

AN ACT to repeal and re-enact with amendments Section 186 of
Article 23 of the Code of Public General Laws of the State of
Maryland, entitled "Corporations," sub-title "Insurance
Companies.''

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 186 of Article 23 of the Code of Public
General Laws of Maryland, entitled "Corporations," sub-title
"Insurance Companies," be and the same is hereby repealed
and re-enacted with amendments so as to read as follows:

186. No corporation or association authorized to transact
business in this State, and no co-partnership or individual, resi-
dent or non-resident, shall write any policy of insurance, or
assume any liability in the matter of insurance upon any prop-
erty, real or personal, situate in this State, unless such policy,
certificate or other evidence of liability assumed by said cor-
poration, association or individual shall have been, previous to

delivery, signed or countersigned by an officer or agent, resident
in this State, authorized by law to sign such policy or contract;
provided, however, that policies issued by railway corporations
insuring the rolling stock and other moveable property of said
road, and those insuring the liability of such railroads as com-
mon carriers, shall be subject to the requirement that they
shall be signed by the resident agent in cases only where more
than one-half the trackage of the roads operated by such rail-
way companies is situate in the State of Maryland. Every cor-
poration, association, co-partnership and individual, resident or
non-resident, engaged in business in this State shall pay to its
legally licensed agent or agents, in the State of Maryland, for

signing or countersigning any policy, certificate or other evi-
dence of liability assumed by said corporation, association or
individual, the same rate and amount of commissions as if such
policy, certificate or other evidence of liability had been issued
through said agent or agents residing in the State of Maryland;
and no agent or agents shall sign or countersign any policy,
certificate or other evidence of liability, upon any property
situate in this State, for an amount less than the commissions
allowed on any policy, certificate or other evidence of liability
issued through an agent or agents residing in this State. The
premiums on all policies so signed or countersigned shall be
included in the report of gross premiums required to be made
to the Insurance Commissioner by all companies not organized
under the laws of this State. Any person violating the pro-