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652 LAWS OF MARYLAND Ch. 10
(a) The Corporation may provide for the creation,
continuation, and administration of any funds it may require.
Money in these funds and other money of the Corporation shall be
deposited, as directed by the. Corporation, in any State or
national bank, or federally or State insured savings and loan
associations located in the State having a total
[paid-in-capital] PAID-IN CAPITAL of at least $1,000,000. The
trust department of any State or national bank or savings and
loan association may be designated as a depository to receive any
securities acquired or owned by the Corporation.
(f) Within the first 90 days of each fiscal year, the
Corporation shall make a report to the Governor and, subject to
[article 40, § 51 of the Code] § 2-1312 OF THE STATE GOVERNMENT
ARTICLE, to the General Assembly. Each report shall set forth
the complete operating and financial statement covering its
operations during the preceding fiscal year. The report shall
also summarize the Corporation's activities.
572.
The Corporation and its corporate existence shall terminate
and be of no effect after July 1, 1989; provided, however, that
no [such law] TERMINATION shall take effect so long as the
Corporation shall have bonds outstanding, unless adequate
provision has been made for the payment of them or provided that
no such law shall affect legal obligations pending as a result of
agreements entered into before the termination of the
Corporation. Upon termination of the existence of the
Corporation, all its rights and properties shall pass to and be
vested in the State.
Article 48A - Insurance Code
41.
The Commissioner shall collect in advance, and the persons
so served shall pay the following fees to the Commissioner:
(6) [Appointments] APPOINTMENTS:
(i) Original filing per appointment ..... $ 5
(ii) Notice of each termination ......... $ 5
(11) [Trade name] TRADE NAME:
(i) Original filing..................... $ 10
(ii) Each amendment ..............'....... $ 5
83.
(3) This subsection shall apply to only those policies and
contracts issued on or after the operative date of § 414 (the
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