Corporation Law of Maryland

Cover Corporation Law of Maryland
Corporation Law of Maryland
Maryland
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400. 1876, ch. 248. 1878, ch. 106.
1886, ch. 132. 1894, ch. 272. 1902, ch. 338.
160. It shall be the duty of the Insurance Commissioner : First — To see that all laws of this State relating to insurance •or insurance companies are faithfully executed ; to keep on .file Corporation Law of Maryland. 12S in his oflBce copies of the charter, declaration of organization or deed of settlement of every insurance company, including partnerships, joint stock associations and corporations organ- ized und
...er the laws of this State, or organized under the law» of some other State or nation, and applying to do business in this State, which copies shall be duly certified in accordance with laws by the Secretary of State or other proper officer of the State or nation wherein such companies are organized ; and the Insurance Commissioner shall, upon application of any such company or association, furnish them with certified copies- of their charter so filed in his department.
Second — To furnish in December of each year to the com- panies required by this article to report to him the necessary blank forms for the statements required ; and as soon as practic- able in each year, he shall cause to be calculated by the actuary of his department, under his supervision, the net value, on the- thirty-first day of December of the previous year, of all the policies and additions thereto, and all obligations for the pay- ment of annuities in force on that day of each life insurance- company doing business in this State organized by authority of this State, and every other life insurance company doing^ business in this State, that shall fail to furnish him, as herein- after provided, from the Insurance.


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