HERBERT R. O'CONOR, GOVERNOR. 1089

said Section 82 and to be known as Section 82%, said re-
enacted section and said new section defining life, accident
and health insurance.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 82 of Article 48A of the Annotated Code
of Maryland, (1924 Edition), title "Insurance", sub-title "Life,
Accident and Health Insurance", be and the same is hereby re-
pealed and re-enacted, with amendments, to read as follows:

Sec. 82. Life Insurance Companies. Any company making
any engagement for the payment of money or other benefits
in the event of death, either to the member, policy or certi-
cate holder, or by whatsoever name the same may be known,
or to their families or representatives, or entering into any
contract or agreement in which the chances or probabilities
of the duration of life, or the rate of mortality are in any way
involved as an element or condition of such contract or agree-
ment, shall be deemed and taken to be a life insurance com-
pany within the meaning of this Article, and shall be subject
to all the requirements of law applicable to said life insurance
company. Every domestic life insurance company is hereby
also authorized to insure individuals against accident, sick-
ness and disability and to grant, purchase, or dispose of
annuities, unless it shall be otherwise provided in its charter
or by-laws.

SEC. 2. Be it further enacted, That a new section be and
the same is hereby added to Article 48A of the Annotated Code
of Maryland, title "Insurance", sub-title "Life, Accident and
Health Insurance", said new section to be known as Section
82½, to follow immediately after Section 82 and to read as
follows:

Sec. 82½. Health and Accident Insurance. Any company
other than a life insurance company writing or issuing any
contract insuring against bodily injury, disablement, or death
by accident, or against disablement resulting from sickness
or old age, and every insurance appertaining thereto, shall
be deemed and taken to be a health and accident insurance
company within the meaning of this Article, and shall be sub-
ject to all the requirements of law applicable to casualty in-
surance companies.

SEC. 3. Be it further enacted, That this Act shall take effect
June 1, 1939.

Approved May 24, 1939.
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