98                               LAWS OF MARYLAND                       [CH. 93

school year 1939-1940 and for every school year thereafter, the sum
of Ten Thousand Dollars ($10,000.00) for the transportation to and
from school of children attending schools in St. Mary's County not
receiving state aid. The funds thus levied and appropriated shall be
expended in such manner and on such terms and conditions as the
said County Commissioners shall determine.]

Sec. 2. And be it further enacted, That this Act shall take effect
June 1,1965.

Approved March 11, 1965.

CHAPTER 93
(Senate Bill 21)

AN ACT to repeal and re-enact, with amendments, Sections 55(2)
and 175 of Article 48A of the Annotated Code of Maryland (1964
Replacement Volume and 1964 Supplement), title "Insurance
Code," subtitles respectively "3. Insurers: Authorization and Gen-
eral Requirements" and "11. Agents and Brokers," to specify as
grounds for refusal, revocation or suspension of certificates of
authority of insurers and of agents and brokers licenses the sell-
ing of motor vehicle insurance without any bona fide intention to
sell such insurance, as evidenced by a persistent pattern of filing
of notices of insurance and cancellations thereof under the Mary-
land Unsatisfied Claim and Judgment Fund Law.

Section 1. Be it enacted by the General Assembly of Maryland,
That Sections 55(2) and 175 of Article 48A of the Annotated Code "of
Maryland (1964 Replacement Volume and 1964 Supplement), title
"Insurance Code," subtitles respectively "3. Insurers: Authorization
and General Requirements," and "11. Agents and Brokers," be and
they are hereby repealed and re-enacted, with amendments, to read
as follows:

55.

(2) The Commissioner may refuse to issue or after a hearing
refuse to renew, or may revoke or suspend an insurer's certificate of
authority, in addition to other grounds therefor in this article, if
the insurer:

(i) Violates any provision of this article other than those as to
which refusal, suspension or revocation is mandatory.

(ii) Knowingly fails to comply with any lawful rule, regulation
or order of the Commissioner.

(iii) Is found by the Commissioner to be in unsound condition or
in such condition as to render its further transaction of insurance
business hazardous to its policyholders or to the public.

(iv) As a general scheme or plot without just cause compels
claimants to accept less than the amount due them or to bring suit
against it to secure full payment thereof.