Ch. 2                                    LAWS OF MARYLAND

(b) (1) If any insurance company required to file a report
under this subtitle should fail to do so on or before the date
fixed for the filing of [such]. THE report, the Insurance
Commissioner [is authorized to] MAY:

(I)  make an estimate of the [amount of] taxes
due by [such] THE insurance company [under this subtitle]; and
[to]

(II)  assess [such] taxes at no more than twice
the amount estimated to be due. [Notice]

(2)  NOTICE of [such] THE assessment shall be mailed
to [such corporation] THE COMPANY:

(I)  addressed to its mailing address, if it has
a mailing address on file with the Insurance Commissioner[,];
or[,]

(II)  if [it has not a] THERE IS NO mailing
address on file with the Insurance Commissioner, addressed to it
at any other address of [such corporation as may appear upon] THE
COMPANY THAT APPEARS ON the records of the Insurance
Commissioner. [In the event such]

(3)  IF THE report [shall] IS not [be] filed by [such]
THE insurance company within [fifteen] 15 days after the mailing
of [such] THE notice of assessment, the [said] assessment shall
become final and the amount of the taxes due thereon, including
the penalties and interest, shall be collected as other taxes are
collected.

[142.] 639.

[In the event any] IF AN insurance company [shall dissolve
or retire] DISSOLVES OR RETIRES from this State, either
voluntarily or involuntarily, during any calendar year, [such]
THE dissolution or voluntary or involuntary retirement from this
State shall not defeat the filing of reports and the assessment
and collection of the taxes imposed by this subtitle with respect
to the premiums written or deposits held during that part of such
calendar year prior to such dissolution or retirement from this
State. In any such [case] CASE, the report [herein] required [to
be filed] UNDER THIS SUBTITLE shall be filed within [thirty] 30
days after [such] THE dissolution or retirement from this State.
In the case of an insurance company taken over for liquidation or
rehabilitation the report shall be filed within [six] 6 months
thereafter.

[143.] 640.

(A) No county or [city] MUNICIPAL CORPORATION of this State
shall levy or impose any taxes upon any insurance company subject
to taxation under this subtitle, except PROPERTY taxes [on real
estate and tangible personal property].

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