Ch. 144 MARVIN MANDEL, Governor 215
situate] REGISTERED AND QUALIFIED VOTERS OF MONTGOMERY
COUNTY RESIDING in the said villages shall be eligible to vote at such
elections; but such election shall be conducted by three judges of election and two
clerks, to be appointed by said committee, who shall serve without pay, and the
polls of said election shall be open from seven o'clock P.M. to nine o'clock P.M.,
on the second Monday in May as hereinbefore provided.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act [[shall take
effect July 1, 1973]] is hereby declared to be an emergency measure and necessary
for the immediate preservation of the public health and safety and having been
passed by a yea and nay vote supported by three-fifths of all the members elected
to each of the two Houses of the General Assembly, the same shall take effect
from the date of its passage.
Approved April 26, 1973.
CHAPTER 144
(House Bill 443)
AN ACT to repeal and re-enact, with amendments, Sections 242(d)(7) and
242(f)(l) of Article 48A of the Annotated Code of Maryland (1972 Replacement
Volume), title "Insurance Code," subtitle "16. Rates and Rating
Organizations," to change the time period required for certain rate filings to
become effective and to correct, certain language in the laws relating to
disapproval of rate filings.
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Sections 242(d)(7) and 242(f)(l) of Article 48A of the
Annotated Code of Maryland (1972 Replacement Volume), title "Insurance
Code," subtitle "16. Rates and Rating Organizations," be and they are hereby
repealed and re-enacted, with amendments, to read as follows:
242.
(d) (7) Subject to the exception specified in paragraphs (8) and (9) of this
subsection, each filing shall be on file for a waiting period of fifteen WORKING
days before it becomes effective, which period may be extended by the
Commissioner for an additional period not to exceed fifteen WORKING days if he
gives written notice within this waiting period to the insurer or rating organization
which made the filing that he needs the additional time for the consideration of the
filing. Upon written application by the insurer or rating organization, the
Commissioner may authorize a filing which he has reviewed to become effective
before the expiration of the waiting period or any extension thereof or at any later
date. A filing shall be deemed approved unless disapproved by the Commissioner
within the waiting period or any extension thereof. A filing may be withdrawn or
amended by the filer at any time prior to approval. After approval or disapproval,
a filing may be withdrawn or amended only upon approval of the Commissioner,
who shall make the approval in accordance with this section. "WORKING
DAYS" ARE DEFINED AS THOSE DAYS ON WHICH THE INSURANCE
DIVISION IS OPEN FOR BUSINESS.
(f) (1) If within the waiting period [of] OR any extension thereof as provided
in paragraph (7) of subsection (d) the Commissioner finds that a filing does not
meet the requirements of this section, he shall send to the filer, written notice of
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