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Session Laws, 1959
Volume 642, Page 186   View pdf image (33K)
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186                              Laws of Maryland                       [Ch. 157

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 215 of Article 48A of the Annotated Code of Maryland
(1957 Edition), title "Insurance", sub-title "Life, Accident and
Health Insurance", sub-heading "Uniform Individual Accident and
Sickness Policy Provisions Law", and Section 257 of Article 48A
of the Annotated Code of Maryland (1957 Edition), title "Insur-
ance", sub-title "Reciprocal Exchanges and Inter-Insurers", be and
they are hereby repealed and re-enacted, with amendments, to read
as follows:

215.

Nothing in this [sub-title] sub-heading shall apply to or affect
(1) any policy of workmen's compensation insurance or any policy
of liability insurance with or without supplementary coverage there-
in, or any reciprocal or inter-insurance contract with or without
supplementary coverage therein;
or (2) any policy or contract of
reinsurance; or (3) any blanket or group policy of insurance; or (4)
life insurance, endowment or annuity contracts or contracts supple-
mental thereto which contain only such provisions relating to acci-
dent and sickness insurance as (a) provide additional benefits in
case of death or dismemberment or loss of sight by accident, or as
(b) operate to safeguard such contracts against lapse, or to give a
special surrender value or special benefit or an annuity in the event
that the insured or annuitant shall become totally and permanently
disabled, as defined by the contract or supplemental contract; or to
any relief department, or pension or annuity plan of any common
carrier; nor to any organization or association, the privileges of
membership of which are confined to employees or former employees
of any common carrier or its affiliated or subsidiary companies; nor
to any association of such common carriers, which administers such
departments, plans, organizations or associations; nor to any policy
or contract of insurance issued by fraternal benefit societies or or-
ganizations.

257.

Individuals, partnerships and corporations of this or any other
State, hereby designated as subscribers, are hereby authorized to
exchange reciprocal or inter-insurance contracts with each other or
with individuals, partnerships and corporations of other States and
countries providing indemnity among themselves from any loss which
may be insured against under other provisions of the laws of the
State, excepting life, health, and personal accident insurance other
than as supplementary coverage in a policy of liability insurance.
Such contracts and the exchange thereof and such subscribers, their
attorneys and representatives, shall be regulated by the provisions
under this sub-title and by no other law relating to insurance, unless
such law is referred to under this sub-title or they are expressly
designated in such law,
and no law hereafter enacted shall apply to
them, unless they be expressly designated therein.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1959.

Approved March 11, 1959.

 

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Session Laws, 1959
Volume 642, Page 186   View pdf image (33K)
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