1216 LAWS OF MARYLAND. [CH. 493

SEC. 163. Limitation Upon Power to Waive Provisions
of Association's Laws. The constitution and laws of
the association may provide that no subordinate body nor
any of its subordinate officers or members shall have the
power or authority to waive any of the provisions of the
laws and constitution of the association, and the same
shall be binding on the association and each and every
member thereof, and on all beneficiaries of members.

SEC. 164. Benefits Exempt from Execution. No money
or other benefit, charity or relief or aid to be paid, pro-
vided or rendered by any such association shall be liable to
attachment, garnishment or other process, or be seized,
taken, appropriated or applied by any legal or equitable
process or operation of law to pay any debt or liability of
a member or beneficiary or any other person who may
have a right thereunder, either before or after payment.

SEC. 165. Amendments to Constitution and Laws.
Every association transacting business under this Act
shall file with the Insurance Commissioner a duly certified
copy of all amendments of or additions to its constitution
and laws within ninety days after the enactment of the
same. Printed copies of the constitution and laws as
amended, changed or added to, certified by the secretary
or corresponding officer of the association, shall be prima
facie evidence of the legal adoption thereof.

SEC. 166. Annual Reports. Every association trans-
acting business in this State shall annually, on or before
the first day of March, file with the Insurance Commis-
sioner in such form as he may require a statement under
oath of its president and secretary or corresponding offi-
cers, of its condition and standing on the thirty-first day
of December next preceding, and of its transactions for
the year ending on that date, and also shall furnish such
other information as the Commissioner may deem neces-
sary to a proper exhibit of its business and plan of work-
ing. The Commissioner may at other times require any
further statement he may deem necessary to be made
relating to such association.

SEC. 167. Valuation of Certificates. In addition to
the annual report herein required, each association shall
annually report to the Commissioner a valuation of its
certificates in force on December 31st last preceding, ex-