1104 LAWS OF MARYLAND. [CH. 641

(g) That there is on deposit with such attorney and avail-
able for the payment of losses, assets, conforming to the re-
quirements of Section 174 hereof.

(h) A financial statement in form prescribed for the annual
report.

(i) An instrument authorizing service of process as provided
in this Article.

SEC. 2. And be it further enacted, That a new section be
and the same is hereby added to Article 48A, of the Annotated
Code of Maryland (1939 Edition), title "Insurance'', sub-title
"Reciprocal Exchanges and Inter-Insurers" said new section to
be known as Section 171A, to follow immediately after Sec-
tion 171, and to read as follows::

171A. Limitation Applying to Collection of Assessment.
No action or court proceeding shall be brought against a sub-
scriber, policyholder or contract holder of a domestic or for-
eign reciprocal or inter-insurer, for the purpose of enforcing
an assessment later than one year after the termination of
such subscriber's policy or contract, unless said subscriber,
policyholder or contract holder sought to be charged shall have
been notified of such assessment within one year after the
termination of his policy or contract.

SEC. 3. Be it further enacted, That this Act shall take
effect June 1, 1941.

Approved May 2, 1941.

CHAPTER 641.
(House Bill 277)

AN ACT to repeal and re-enact, with amendments, Section 48
of Article 48A of the Annotated Code of Maryland (1939
Edition), title "Insurance", sub-title "General Provisions",
providing that it shall be unlawful for any insurance com-
pany, association, society, exchange, adviser or other person
to publish or broadcast advertisements regarding insurance
in unlicensed companies, associations, etc., or for unlicensed
insurance advisers or other unlicensed persons to solicit in-
surance business or offer advice on insurance matters.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 48 of Article 48A of the Annotated Code
of Maryland (1939 Edition), title "Insurance", sub-title "Gen-