Այս գրքի մասին
Իմ գրադարանը
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SECTION
86
Petition filed where principal office located....
by domestic corporation...
87 Service of process on corporation-suit or judicial bond issued
88 Name of corporation in court proceeding.
TAXATION OF SEVERAL CLASSES OF CORPORATIONS.
PAGE
108
109
88A Incorporation tax of corporation other than railroads...... 109
SSB Ordinary business corporations defined-shares of stock ex-
empt .....
110
880 Ordinary business corpo: ations taxed like natural person, levy
and collection
111
88D Annual franchise tax...
88E Allotment of annual franchise tax....
112
113
88F Method of taxation of other corporations not changed...
88G Classification for taxation of companies operating entirely out-
side of State.....
92. Place of suit-process-attachment provisions not affected..
93 How qualify to transact business in State-charges.
Penalties-cannot maintain suit...
115
117
118
95
Franchise tax on certain classes of fo eign corporations.
96 Penalty
119
97 Foreign corporation taxed on real and personal property in the
State shares by residents taxed..
97A Foreign corporations deprived of benefit of limitations in cer-
tain instances
120
MISCELLANEOUS PROVISIONS.
98 Membership of non-stock corporations reduced below majority. 120
99 Acknowledgment by corporation...... 120
99A Before whom acknowledgement may be made within the State. 120
99B Charter not in form is not to be received by State Tax Com-
mission
103 Sale of assets of corporation under judicial proceeding or mort-
gage conveys franchises, rights and privileges..
122
104 Provisos and saving clauses....
123
104A Saving clause as to Act of 1916, Chapter 596..
105 Right to change or amend laws expressly declared.
124
REGULATION OF Safe DeposiT, TRUST AND SURETY COMPANIES.
106 Safe deposit, trust and surety corporations to make annual re-
port
107 Annual examination by State Treasurer.
125
108 Subjects of inquiry in examination....
109 Remedy of defects found as result of examination.
110 Bonds to be deposited with State Treasurer.
Limit of deposits or loans of corporation.
113 Penalty for false swearing to report.
129
114 When corporation ceases business, treasurer may surrender
deposit
115 Treasurer shall report to General Assembly condition of corpo-
rations reporting to him.......
116 Liability of stockholders of safe deposit, trust and loan com-
panies, saving clause.
130
117 How liaiblity enforced.....
DEPOSIT WITH STATE TREASURER BY CERTAIN CLASSES OF CORPORATIONS.
118 Deposits by life and accident insurance companies with the
State Treasurer
132
119 Calling in stock of life or accident insurance, safe deposit,
trust or fidelity companies..
133
CHARTERS OF UNORGANIZED COMPANIES.
120 Charters of companies not organized presumed to be surren-
dered unless franchise tax paid.....
121 Future charters must be used within two years from grant;
otherwise pay franchise tax...
134
122 The above corporations to pay annual franchise tax-tax to be
assessed
123 Semi-monthly payment of wages to employees of certain classes
of corporations
135
124 Loan on chattels by corporations-rate of interest.
BRIDGE COMPANIES.
125 Consent of County Commisioners to be first had...
126 May purchase or condemn land and materials....
136
127 Report upon completion of county bridge to County Commis-
sioners
137
128 Revision of tolls--report to County Commissioners.
129 Repealed by Act of 1916, Chapter 272.....
138
130 Authority to charge tolls from County Commissioners or Gov-
ernor
131 No bridge over navigable river unless authorized by statute... 138
132 Warrant from Governor to charge tolls; when to be given...
133 Proceedings when bridge alleged to be out of repair....
140 Merger by incorporation under this article of prior associations 141
Transfer to such corporations.....
141
142
Sections 134 to 141 applicable to land companies-special pro-
visions
143 Loans to be made in money.
CEMETERY COMPANIES.
144 May hold one hundred acres; not in city without its authority. 143
145 Streets, etc., not to be opened through cemetery.
146 Lots held only for burial..
143
144
GAS AND ELECTRIC LIGHT COMPANIES.
149 Powers of gas-light companies..
150 Of electric-light companies....
145
151 Lease of property or purchase of stock of other lighting com-
pany by company furnishing light in same town or city.... 146
INSURANCE COMPANIES.
152 Amount of capital stock.....
146
153 What branches of insurance business company may engage in.. 147
154 May be mutual or stock or mutual and stock companies..... 147
MUTUAL ASSOCIATIONS OF EMPLOYERS.
154A Mutual associations of employers against liability to employees 147
154в Formation of such associations.....
154H Regulations and inspections to prevent accidents.
1541 May license foreign associations.....
154J Agreements betweeen employers and employees valid when ap-
proved by State Industrial Commission..
154K Mutual associations permitted by Section 154A exempt from license provision of Section 189.....
154
MUTUAL FIRE INSURANCE COMPANIES.
154L Restrictions as to doing business by mutual fire insurance
companies of limited resources....
154M By-laws of mutual fire insurance companies..
154N Directors of mutual fire insurance companies.
1540 Insured to be a member and entitled to vote..
154P Limitation as to excess over liabilities...
1549 Signature on policies...
156
157
158
154B Form of investments-limitation on commissions-manner of
keeping deposits
1548 Limitation as to investment in real estate..
154T Collection of premiums-liability of policyholders for losses.... 159
154U Mutual fire insurance companies organized prior to January 1,
1916, etc., may continue under existing plan...
159
160
154v Fixing dividends and return on expiring policies-deficiency in
assets
154w Formation of mutual fire insurance companies with $25,000
guaranty fund
161
154x Foreign mutual fire insurance companies doing business here.. 162
154Y Mutual fire insurance companies subject to provisions govern-
ing stock fire insurance companies when not inconsistent.... 163
LIFE, ACCIDENT AND HEALTH INSURANCE COMPANIES.
155 Mutual or co-operative life, accident or health insurance com-
panies may become joint stock corporations; 1ights of policy-
holders
156 Life and accident companies..
157 Life and health insurance companies to have guaranteed cap- ital stock of not less than $100,000, securities to that amount to be deposited with State Treasurer-change of such securi- ties
158 Wife's insurance of husband's life.
163
166
167
159 Foreign to have like capital as domestic companies..
159A Consolidation of certain classes of insurance companies, one
being domestic and the other foreign..
...
160 Every insurance company to conduct business in its own co-
porate name
Foreign companies to file their charter with clerk..
168
....
170
of
171
172
173
162 Life insurance companies may not discriminate in favor
individuals of the same class in payment of premiums..
163 No State license for allowance of rebate to be procured..
164 Penalty for violation of aforegoing p ovisions...
164A Prohibitions as to misrepresentations in soliciting insurance..
164B Solicitors not owners of any part of money collected......
164c Persons required to testify under this Act, but protection given. 174
164D Penalty for violating Sections 164A or 164c....
Insurance of wife's and minor's property..
165
166 Report made by persons obtaining insurance on p operty in
this State in companies not autorized to transact business
in this State tax...
174
175
.... 175
167 When cannot obtain insurance in licensed companies need not
pay tax-company may adjust loss in State, but not solicit
insurance
171 Policies stamped "Unauthorized Company, tax paid"-penal-
ties provided ..
177
172 Policies issued by autho ized companies to be stamped, stamp
to be furnished by Insurance Commissioner..
173 Mutual companies not within the intent of the Act.
174 Act to be published by Insurance Commissioner..
178
. 178
INSURANCE DEPARTMENT.
175 Insurance Commissioner and Deputy Commissioner--how ap-
pointed, tenure, salaries fixed-actuary and clerks-salaries.. 178
176 Insurance Commissioner may employ counsel-his compensa-
tion-how paid ...
176A There is no such section.
176B Auditor-sala y
.. 179
180
177 Examiner-duties-salary
178 Special duties of Commissioner-enumeration of rules govern-
ing him in the performance of his duties.....
178A Fire Marshal's duties transferred to Insurance Commissioner. 191
178B Deputy to be appointed to fultil duties of Fire Marshal..... 195
178c Inconsistent Acts repealed......
179 Actuary shall report violations of law..
181
195
180 Charters to be approved by Attorney-General-examination by
Insurance Commissioner
196
181 Conditions under which 'Lloyd's" may transact business.
197
182 Conditions upon which foreign insurance companies may trans-
act business in this State...
183 Additional conditions
198
184 License to agents and solicitors-tax on premiums collected-
fees to Insurance Commissione -sub-agents or solicitors... 199
184A Unlawful for solicitor to act without license.....
184в Application for license and statement therein.
201
202
1840 Commissioner may revoke license of solicitor or agent for cer-
tain causes
203
1840 Registration fees with other charges...
204
184E Penalty for violating Sections 184A to 184D..
185 Payments of commissions to unlicensed agents or solicitors pro-
hibited-penalty
186 Policies to be valid must be signed by autho ized officer or
agent resident in this State-proviso as to rolling stock and
movable property of railroads-premiums to be reported to
205
186A No solicitation for company to be organized without approval
of Commissioner
206
187 License of authority must be obtained by certain surety, guar-
anty and other specified insurance companies...
207
188 When license shall be issued...
189 Cost of license.....
190 Penalty for non-compliance with requirements..
191 What companies not required to pay license fee.
208
192 Penalty for acting without license-"Insurance Company" de-
fined
209
193 Mutual co-operative assessment or stock plan insurance com-
panies with limited capital...........
210
194 Such organizations may make contract of insurance upon
adults and infants...
212
195 Annual statement
196 Wilful insurance of unhealthy pe.sons, penalty for.
201A Valuation of bonds held by life insurance companies..
215
202 Time for furnishing and publishing such statements.
203 Capital stock of reserve...
216
204 Proceedings to vacate charter..
205 Penalty for neglect by insurance companies to comply with
209 Companies may insure against loss by burglary of money and
securities in course of transportation...
220
210 Requisite p.ovisions before such company may transact busi-
ness
211 Liability of policyholders of such company limited to member-
ship fee and premiums as originally contracted...
212 Not to do business without compliance with this article.....
213 When untrue statements in application for life insurance may
forfeit policy ..
221
214 Mistaken statement of age of insured-real age to be the basis
of payment