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Supplement to the Code of Public General Laws of Maryland, 1898
Volume 391, Page 108   View pdf image (33K)
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108 CORPORATIONS. [ART. 23

of insurance issued upon the faith of such application, unless
such misrepresentation or untrue statement relate to some matter
material to the risk. This section shall not apply to change the
right of parties to pending actions at law or suits.

1894, ch. 662.

142 B. Whenever it shall be made to appear that a wrong age
has been given in good faith in any application for a policy of
life insurance the company shall not be required to pay the face
value of the policy, but such sum as the premium paid would
have purchased at the applicant's real age at the time of effecting
the insurance.

1892, ch. 537. 1894, ch. 473.

142 C. Every insurance company doing business in any of the
counties of this State, shall, during the month of April of each
and every year, publish, in at least one newspaper published in
each of said counties, for three consecutive weeks, an abstract of
the annual statement as required by this article; provided that
such publication shall not be required of mutual insurance com-
panies formed under any general or special law of this State
which annually send a full and detailed statement of the affairs
and business of said companies to all of their respective policy
holders and to the State Insurance Commissioner.
Erroneously enacted as 148.

1894, ch. 377.

143 A. All licenses for the purpose of conducting the occu-
pation or business of an "Insurance Broker, " shall be granted by
the Insurance Commissioner of the State of Maryland; and all
such licenses granted by said commissioner shall expire on the
first day of May thereafter.
State v. Benzinger, 88 Md. 487.

Ibid.

143 B. From and after the first day of May, 1894, any per-
son applying for the same and paying to the Insurance Commis-
sioner of the State of Maryland the sum of one hundred dollars,
for the use of the State, and an additional sum of one dollar as

 

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Supplement to the Code of Public General Laws of Maryland, 1898
Volume 391, Page 108   View pdf image (33K)
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