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Session Laws, 1965
Volume 676, Page 201   View pdf image (33K)
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J. MILLARD TAWES, Governor                        201

any person who performs on a contractual basis, or any person who
is covered by a retirement plan for employees presently in effect
in Howard County.

Nothing herein contained shall have the effect of limiting the power
of said Board of County Commissioners to discharge any County
employee.

Sec. 2. And be it further enacted, That this Act is hereby
declared to be an emergency measure and necessary for the im-
mediate preservation of the public health and safety and having been
passed by a yea and nay vote supported by three-fifths of all the
members elected to each of the two houses of the General Assembly,
the same shall take effect from the date of its passage.

Approved March 30, 1965.

CHAPTER 191
(Senate Bill 247)

AN ACT to repeal and re-enact, with amendments, Section 26(1) of
Article 48A of the Annotated Code of Maryland (1964 Replace-
ment Volume), title "Insurance Code", sub-title "2. Insurance
Department and Insurance Commissioner", to authorize the pro-
mulgation of rules and regulations as to proxies, consents and
authorizations with respect to equity securities of domestic stock
insurers.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 26(1) of Article 48 A of the Annotated Code of Maryland
(1964 Replacement Volume), title "Insurance Code", sub-title "2.
Insurance Department and Insurance Commissioner", be and it is
hereby repealed and re-enacted, with amendments, to read as follows:

26.

(1) The Commissioner may make reasonable rules and regulations
necessary for or as an aid to effectuation of any provision of this
article. No such rule or regulation shall extend, modify, or conflict
with any provision of this article or the reasonable implications
thereof. The Commissioner may also promulgate reasonable rules
and regulations applicable to the solicitation by domestic stock
insurers
OR ANY OTHER PERSON of proxies, consents and author-
izations with respect to equity securities of such insurers.
Prior to
the adoption of any rule or regulation, or the amendment or repeal
thereof, the Commissioner shall publish or otherwise circulate notice
of the nature and purpose of his intended action and afford inter-
ested persons opportunity to submit data or views orally or in
writing.

Sec. 2. And be it further enacted, That this Act is hereby
declared to be an emergency measure and necessary for the immediate
preservation of the public health and safety, and having been passed

 

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Session Laws, 1965
Volume 676, Page 201   View pdf image (33K)
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