INSURANCE. 287

ance laws of this state or any ruling of the Commissioner which he is by
law authorized to make; provided, that any person deeming himself ag-
grieved by any such refusal by the Commissioner to grant any such license
as aforesaid, shall have the right to appeal to the Superior Court of Balti-
more City for a writ of mandamus to compel the issuance of such license
in any proper case where the same has been wrongfully and improperly
withheld.

1927, ch. 696.

70A. Any person, individual, firm, corporation or association of what-
ever character offering, contracting, giving, selling, or in any manner ten-
dering as part of or in connection with his or its service or business, any
insurance policy or policies of any character or description, shall be deemed
to be transacting the business of insurance, and shall come within the juris-
diction of the State Insurance Department of Maryland, and be subject to
all the laws of Maryland relative to insurance as provided in this Article.

Every policy of insurance as hereinbefore mentioned must have plainly
stamped upon its face the full amount of premium paid for said insurance.

Any person, individual, firm, corporation or association violating any of
the aforesaid sections or sub-sections shall be deemed guilty of a misde-
meanor, and shall be subject to all the fines, penalties, restrictions and in-
hibitions as set forth in Section 71 of this Article.

Life, Accident and Health Insurance.

An. Code, 1924, sec. 100. 1922, ch. 492, sec. 97. 1927, ch. 313.
100. Companies Converted Prior to July 1, 1916. Such mutual, co-
operative or assessment industrial insurance companies, organized and
doing business in this State prior to January 1, 1914, as actually converted
prior to July 1, 1916, in conformity with the law providing for the con-
version of such companies, may have a paid-up capital less than fifty thou-
sand dollars, but not less than ten thousand dollars; provided, that in no
case shall the assets of any such company at any time be insufficient to
provide full legal reserve upon all outstanding policies as required by law,
over and above all bona fide debts and claims against it, exclusive of capital
stock; and provided further, that no such company having a paid-up cap-
ital stock less than fifty thousand dollars shall issue any certificate or other
form of contract for the payment of a greater sum of money in the aggre-
gate than one thousand dollars ($1, 000) upon the termination of any one
life or combination of lives.

102. Repealed by ch. 314 of the Acts of 1927.

1927, ch. 668.

103 1/2. Whenever any individual residing in this State shall die leaving
no assets or property other than life insurance in an amount not ex-
ceeding $150. 00, it shall be lawful for the Company or Association in
which such insurance may have been carried to pay the amount of said