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Session Laws, 1941
Volume 582, Page 748   View pdf image (33K)
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748 LAWS OF MARYLAND. [CH. 441

writers does not exceed the limitation provided in this sub-
title for underwriters of a domestic Lloyds.

(5) Additional underwriters may join and be included in
any such Lloyds subject to such conditions and requirements
as may from time to time be imposed by such Lloyds and upon
meeting the requirements of this section, such additional under-
writers who may so join such Lloyds shall be bound by the
documents on file with the Commissioner in the same manner
as though they had personally executed the same and shall
have the same rights, powers and duties as all other under-
writers of such Lloyds. The attorney-in-fact authorized by
the underwriters to act for them shall thereafter be the attor-
ney-in-fact for such additional underwriters to the extent of
the power of attorney or other document or authorization by
such underwriters to the attorney-in-fact.

103-O. Policy Forms. Every policy issued in this State by
any domestic, foreign or alien Lloyds shall have printed upon
its face and back the name of such Lloyds, the name and ad-
dress of its attorney-in-fact in this State or agent for service
of process in this State, and shall state within its provisions
the limitations of liability assumed by the underwriters issu-
ing the policy.

103P. Commissioner as Agent—Service of Process.

(1) The attorney-in-fact of every Lloyds transacting busi-
ness in this State shall file with the Commissioner a duly exe-
cuted instrument whereby such Lloyds shall appoint and con-
stitute the Commissioner, his successor or successors in office,,
the true and lawful agent of such Lloyds upon whom all law-
ful process may be served, and shall agree that any lawful
process against such Lloyds which may be served upon said
agent shall be of the same force and validity as if served upon
the attorney-in-fact, and that the authority thereof shall con-
tinue in force irrevocably so long as any liability of such
Lloyds in this State shall remain outstanding.

(2) In any suit instituted against any domestic, foreign or
alien Lloyds transacting business in this State, it shall not
be necessary to name the individual underwriters as parties
defendant, but such Lloyds may be named as the party de-
fendant in any such suit and service may be had upon all the
underwriters by service upon the last appointed attorney-in-
fact or by service upon the Commissioner, and not otherwise.
Any such suit may be brought in the county in which the
cause of action arises or in which the claimant resides, or it
may be brought in Baltimore City if either the cause of action
arises or the claimant resides therein. When such process is:
served upon the Commissioner as agent to accept service,.

 

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Session Laws, 1941
Volume 582, Page 748   View pdf image (33K)   << PREVIOUS  NEXT >>


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