144                              Laws of Maryland                        [Ch. 48

170F. (INCONTESTABILITY AFTER REINSTATEMENT.) THE
REINSTATEMENT OF ANY POLICY OF LIFE INSURANCE OR
CONTRACT OF ANNUITY DELIVERED OR ISSUED FOR DE-
LIVERY IN THIS STATE MAY BE CONTESTABLE ON ACCOUNT
OF FRAUD OR MISREPRESENTATION OF FACTS MATERIAL
TO THE REINSTATEMENT ONLY FOR THE SAME PERIOD
FOLLOWING REINSTATEMENT AS THE POLICY PROVIDES
WITH RESPECT TO CONTESTABILITY AFTER ORIGINAL
ISSUANCE.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1956.

Approved March 2, 1956.

CHAPTER 48
(Senate Bill 39)

AN ACT to repeal and re-enact, with amendments, Sections 7, 11,
14, 15 (a), 15 (b), 17 (b) and 19 (A) (2) of Article 78B of the
Annotated Code of Maryland (1951 Edition and 1955 Supple-
ment) , title "Racing Commission"; and to add a new sub-section
to Section 19 of said Article, to follow immediately after sub-
section (C) and to be known as sub-section (D) thereof; increas-
ing the permissible number of racing days for mile, half-mile and
harness tracks licensed under Sections 7, 15 and 17; increasing
payments to the Maryland State Fair Board and the Maryland
Horse Breeders Association by mile and harness tracks licensed
under Sections 7 and 17; eliminating certain obsolete and unused
provisions in the law relating to Havre de Grace Race Track and
Pocomoke Agricultural Fair Association, Inc.; increasing the rate
of taxation of money wagered at the racing meets of the licensees
licensed under Sections 7 and 17 and providing an increased share
for such licensees in money wagered; providing the method for
division and allocation hereafter of a portion of the revenues col-
lected from licensees to the several counties, to Baltimore City and
to the State AND PROVIDING IN THE 1957 FISCAL YEAR,
WHICH COMMENCES JULY 1, 1956, FOR AN ALLOCATION
ON A PER PUBLIC-SCHOOL PUPIL BASIS TO BE PAID TO
THE POLITICAL SUB-DIVISIONS FROM THE INCREASED
RACING REVENUES AND TO BE USED FOR PUBLIC
SCHOOL BUILDING PURPOSES, INCLUDING PAYMENT OF
SCHOOL BONDED INDEBTEDNESS, UNDER CERTAIN CIR-
CUMSTANCES; relating to the transfer of meetings of half-mile
tracks licensed under Section 15; and generally amending the
racing laws of this State.

Section 1. Be it enacted by the General Assembly of Maryland,
That Sections 7, 11, 14, 15 (a), 15 (b), 17 (b) and 19 (A) (2) of

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.