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Session Laws, 1846
Volume 611, Page 363   View pdf image
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1846.

LAWS OF MAAYLAND.

CHAP. 357.

or association of individuals, or corporations not incorpo-
rated and authorised by the laws of this State, to make
insurances on marine or fire risks, or insurances on lives
or other insurances, or to receive or transmit offers for
insurance to their principals, or receive or deliver policies
of insurance, although such individuals, or association of
individuals, may be incorporated for these purposes by
the laws of any other State, District or Territory of the
United States, or by the laws of any foreign Kingdom
State or Nation, to effect insurances, without first obtain-

ing a license therefor in the manner hereinafter required.

License gran-
ted by Trea-

surer.

SEC. 2. And be it enacted, That a license for the pur-
pose of effecting insurances, or receiving or transmitting
offers far insurance, or receiving or delivering policies of
insurance, as expressed in the preceding section, shall
be granted by the treasurer of the State to any person or
persons, body or bodies corporate or politic, who shall
apply therefor and pay to the said treasurer, the sum of
one hundred dollars for the use of this State, which license
shall authorise the person or persons, body or bodies
corporate or politic, to whom the same shall be granted,
to effect insurances, or to receive and transmit offers for
insurance, or to receive and deliver policies of insurance
as aforesaid, from the day of its date, for the period of

twelve months thereafter, and no longer.

Pay half year-
ly three dol-
lars.

SEC. 3. And be it enacted, That any person or per-
sons, body or bodies corporate or politic, acting as agent
or agents as aforesaid, shall pay to the treasurer half
yearly, the sum of three dollars per centum, upon the
amount of all premiums received by such agent or agents,
as any other person or persons, for him or them, or which
shall have been agreed to be paid for any insurance effected,
or agreed to be effected or procured by him or them, as
agent or agents aforesaid, and such agent or agents, shall
half yearly, on the first Monday in January, and the first
Monday of July, furnish on his or their affidavit or affir-
mation, a true list and account of all such premiums to
the said treasurer, and shall at the time pay over to the
said treasurer, the said sum of three dollars in every him-
dred dollars of such premium; and in all cases where the
said agent shall be a body corporate or politic, the said
oath or affirmation shall be made by the president of said

body corporate or politic.

Agents to give

bond.

SEC. 4. And be it enacted, That before any agent or
agents, as aforesaid, shall act as such in this State, he or
they shall give bond with sureties to be approved by the
attorney general, or his deputy, for the county or district



 
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Session Laws, 1846
Volume 611, Page 363   View pdf image
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