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The Annotated Code of the Public General Laws of Maryland, 1918
Volume 374, Page 142   View pdf image (33K)
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142 CORPORATIONS. [ART. XXIII
duty to revoke the license of such broker or broker's solicitor, or revoke
the license of any agent or solicitor for all companies which he repre-
sents in this State for such length of time as the State Insurance Com-
missioner may think proper; provided, however, that before the State
Insurance. Commissioner shall revoke said license he shall give ten days'
notice of the charges in writing, to be served upon said broker, agent or
solicitor in person, or by registered letter to his last known address, or
by copy of the charges left at his last known address, and provided an
opportunity shall be given the said broker, broker's solicitor, agent, or
solicitor to be heard upon said charges, and the said broker, broker's
solicitor, agent, or solicitor shall have the right to have such revocation
of license reviewed by the Superior Court of Baltimore City, when said
offense occurred in Baltimore City, or by the Circuit Court of any of
the counties of the State wherein such offense or offenses complained of
occurred.
1916, ch. 255, sec. 184D.
184D. Every insurance company, as defined in section 192 of this
Article, incorporated under the laws of this State and transacting there-
in the business of insurance in any of its branches, shall, in addition to
the fees for domestic companies provided in this Article, pay for each
license or certificate of authority which each agent or solicitor of such
company is required under Sections 184A, 184B and 184C of this
Article to take out, the sum of fifty cents as a registration fee. All
such certificates of authority to agents and solicitors shall expire at
midnight on the 31st day of December next ensuing the date of issue.
1916, ch. 255, sec. 184E.
184E. Any person or persons, or any company or association violat-
ing ary of the provisions of Sections 184A, 184B, 1840 and 184D,
or anj of said sections, shall be subject to the fines and penalties pro-
vided by Section 205 of this Article.*
1916, ch. 274.
186A. No stock salesman, broker or other person representing any
insurance company, wherever incorporated, in process of organization
and not licensed to transact business in this State, shall be permitted
to solicit subscriptions to or sell the stock of such company in this State
unless and until such company has furnished the Insurance Commis-
sioner with full particulars as to the methods and proposed cost of pro-
motion. Before any such person shall solicit subscriptions to or sell
the stock of such company, he shall be required to secure a license from
the Insurance Commissioner, who, prior, to the issuance of such license,
shall investigate the record of the applicant and may, for good cause
shown, refuse to issue same. The fee for each such license shall be ten
* Section 2 of the act of 1916, chapter 255, provides that said act (sections 184,
184A-184E) shall take effect from and after January 1. 1917.


 
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The Annotated Code of the Public General Laws of Maryland, 1918
Volume 374, Page 142   View pdf image (33K)
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