1098 LAWS OF MARYLAND. [CH. 638

disability benefits for which certificates are issued, and any
such society or association included in Sub-section (d) which
has more than one thousand members, shall not be exempted
from the provisions of this Article, but shall comply with all
the requirements thereof.

(3) No society which, by the provisions of this section, is
exempt from the requirements of this Article, except any
society described in clause (b), supra, shall give or allow, or
promise to give or allow to any person any compensation for
procuring new members.

(4) The Commissioner may require from any society or asso-
ciation, by examination or otherwise, such information as will
enable him to determine whether such society or association
is exempt from the provisions of this Article.

SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1941.

Approved May 2, 1941.

CHAPTER 638.
(House Bill 271)

AN ACT to repeal and re-enact, with amendments, Section 51
of Article 48A of the Annotated Code of Maryland (19391
Edition), title "Insurance", sub-title "General Provisions"
relating to the examination of insurance companies and of
management companies, and of owned or controlled sub-
sidiaries of insurance companies.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 51 of Article 48A of the Annotated Code of
Maryland (1939 Edition), title "Insurance", sub-title "General
Provisions", be and the same is hereby repealed and re-enacted,,
with amendments, to read as follows:

51. Examination of Companies. Once at least during his
term of office the Commissioner shall cause the affairs of every
insurance company organized under the laws of this State
and of every management company or owned or controlled
subsidiary of any such company to be thoroughly inspected
and examined with special regard to its financial condition
and its ability to fulfill its obligations, and shall ascertain
and determine whether or not it has complied with the laws
of this State; he shall also cause an examination of every such
company to be made whenever he deems it prudent to do so,