1700 LAWS OF MARYLAND [CH. 736

prisoned for not more than thirty (SO) days, or both, in the
discretion of the Court or Justice of the Peace.

SEC. 2. And be it further enacted, That this Act shall
take effect June 1, 1953.

Approved April 27, 1953.

CHAPTER 736
(House Bill 808)

AN ACT to repeal and re-enact, with amendments, Section
4 of Article 48A of the Annotated Code of Maryland
(1951 Edition), title "Insurance", sub-title "Insurance
Department", relating to the compensation of the Insur-
ance Commissioner.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Section 4 of Article 48A of the Annotated
Code of Maryland (1951 Edition), title "Insurance", sub-
title "Insurance Department", be and it is hereby repealed
and re-enacted, with amendments, to read as follows:

4. (Qualifications; Compensation; Bond. ) No person
who is a director, officer or agent of, or directly, or in-
directly interested in any insurance company, except as
an assured, shall be eligible for appointment as commis-
sioner. He shall give bond to the State of Maryland in the
penalty of Fifty Thousand Dollars for the faithful per-
formance of the duties of his office, and shall receive an
annual compensation of [Seventy-five Hundred Dollars
($7, 500)] Twelve Thousand Dollars ($12, 000) TEN
THOUSAND DOLLARS ($10, 000. 00, AND HE SHALL
DEVOTE FULL TIME TO HIS POSITION.

SEC. 2. And be it further enacted, That this Act shall
take effect June 1, 1953.

Approved April 27, 1953.

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EXPLANATION: Italics indicate new matter added to existing law.

[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.