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Session Laws, 1952
Volume 602, Page 296   View pdf image (33K)
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296          Laws of Maryland         [Ch. 56

amendments, Section 126 of said Article (being Section
100 in the 1947 Supplement), title "Insurance," sub-title
"Fire Insurance," relating to the stamping of policies
in authorized companies.

Whereas, the provisions of Section 124 are unnecessary
and impose an unnecessary duty on all companies writing
fire insurance policies; now therefore

Section 1. Be it enacted by the General Assembly of
Maryland,
That Section 124 of Article 48A of the Anno-
tated Code of Maryland (1951 Edition—being Section 99
in the 1939 Edition) title "Insurance," sub-title "Fire
Insurance," be and it is hereby repealed and that Section
126 of said Article (1951 Edition—being Section 100 in
the 1947 Supplement) be and it is hereby repealed and re-
enacted, with amendments, to read as follows:

126. (Penalties for Violation of Sections 121, 122 and
123 [and 124].) Any person who shall, with intent to
avoid the payment of the tax on insurance in unauthorized
companies as provided by Section 122 make a false affi-
davit, shall be guilty of perjury and shall be proceeded
against and punished as provided by the statutes of this
State in relation to the crime of perjury, and any policy
of insurance obtained by means of such false affidavit shall
be void, and the license or authority for such unauthorized
insurance shall be cancelled by the Commissioner. The
obtaining or possession of any policy of insurance issued
by companies not authorized to do business in this State,
without complying with the provisions of Sections 121,
122 and 123 [and 124], shall be a misdemeanor, and any
person convicted thereof shall be subject to a fine not less
than One Hundred Dollars or more than One Thousand
Dollars, or imprisonment in the jail of Baltimore City or
of the county of this State where such offense may be com-
mitted, for a period not less than one month or more than
six months, in discretion of the court having jurisdiction.
Any person who shall act as intermediary in any manner in
procuring or delivering any policy of insurance in viola-
tion of any of said Sections 121, 122 and 123 [and 124],
shall be subject to all the penalties of this section above
enumerated.

Sec. 2. And be it further enacted. That this Act shall
take effect June 1. 1952.

Approved March 28, 1952.

 

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Session Laws, 1952
Volume 602, Page 296   View pdf image (33K)
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