1108 LAWS OF MARYLAND. [CH. 402

J>any, and every policyholder in this state of a company of
another state or foreign country, shall be notified at his last
known address within six months after the expiration of his
policy of the amount of any dividend or expiration of premium
declared and payable thereon, unless in the meantime such"
dividend or return has been paid in cash or applied in pay-
ment of the premium on the renewal of the policy.

SEC. 127. Impairment of Assets; Insolvency. If it appears
to the insurance commissioner after an examination made by
him;, or by an examiner appointed by him, that the assets or
capital of any mutual insurance company are insufficient to
justify its continuance in business, he shall determine the
amount of such deficiency and issue a written requisition to
the officers of the company requiring them -to make good with-
in a time to be specified therein, not less than thirty or mor<»
than ninety days from the service of such requisition. Suc>>
service may be made by mail, directed to the company at its
home office as specified in its charter. Upon the service of such
requisition the directors of the company shall forthwith cause
such deficiency to be made good and proof to be filed with the
Commissioner within the time specified in the requisition that
the same has been made good. For any losses accruing upon
new risks taken after the expiration of such time and before
such deficiency shall be made good, the directors of the com-
pany shall jointly and severally be personally liable therefor.
If such deficiency shall not be made good within the time speci-
fied in such requisition and satisfactory proof thereof filed
with the commissioner, the company shall be deemed insolvent
and may be proceeded against as an insolvent corporation in
the manner authorized by law.

SEC. 128. Rules for Prevention of Accidents. The members
of any mutual insurance company writing workmen's compen-
sation or liability insurance contracts may make reasonable
rules and regulations, not in conflict with the laws of this state,
for the betterment of the industries in which they are en-
gaged, including particularly rules and regulations for the
prevention of accidents to employees on the premises of the
employer members, and they may impose fines and forfeitures
for the violation of any such rules and regulations. Such
rules and regulations and fines and forfeitures shall be sub--
mitted to the state industrial accident commission and, when
approved by it, shall be enforced by the directors of any such