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Session Laws, 1945
Volume 589, Page 233   View pdf image (33K)
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HERBERT R. O'CONOR, GOVERNOR. 233

F license, shall purchase any alcoholic beverages except from a
duly licensed manufacturer or wholesaler under the provisions
of this Article, and no retail dealers shall sell to any other
retail dealer any alcoholic beverages except to the holder of
a Special Class C beer, beer and wine and beer, wine and liquor
license, and shall not at any time keep or permit to be kept
upon the licensed premises any alcoholic beverages except those
so purchased. It shall be unlawful for any person to drink on
the licensed premises of any license holder any alcoholic bever-
ages not purchased from the license holder on said premises and
not permitted by this Article to be consumed on the premises;
and, likewise, it shall be unlawful for any license holder to per-
mit any person to drink any alcoholic beverage not purchased
from the said license holder on the premises covered by the
license which he holds and not permitted by this Article to be
consumed on the premises.

SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1945.

Approved March 16, 1945.

CHAPTER 272.
(House Bill 15)

AN ACT to repeal and re-enact with amendments Section 17
of Article 48A of the Annotated Code of Maryland (1943
Supplement), title "Insurance", sub-title "General Provi-
sions", relating to the minimum capital stock and surplus
requirements of all classes of stock insurance companies.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 17 of Article 48A of the Annotated Code
of Maryland (1943 Supplement), title "Insurance", sub-title
"General Provisions", be and the same is hereby repealed and
re-enacted, with amendments, to read as follows:

17. (Capital Stock and Surplus. ) The capital stock of any
insurance company incorporated under the laws of this State
that is authorized to write (a) life insurance, or (b) fire,
marine, inland marine and allied lines of insurance, or (c)
casualty insurance (except the specially enumerated lines
hereafter referred to in this section), title insurance, guaran-
tees of mortgages, or miscellaneous lines of insurance, shall
not be less than one hundred thousand dollars ($100, 000)
which may be of one or more classes and all having a fixed

 

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Session Laws, 1945
Volume 589, Page 233   View pdf image (33K)
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