Page:United States Statutes at Large Volume 54 Part 1.djvu/1098

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PUBLIC LAWS-CH. 792-OCT. 9, 1940 Sec. 35. Renewal of licenses. Sec. 36. Revocation and suspension of licenses. Sec. 37. Unauthorized solicitation or representation. Sec. 38. When license not required. Sec. 39 . Unauthorized insurance. Sec. 40. Licenses for lines in unauthorized companies. Sec. 41 . License fees. Sec. 42. Testimony; production of books. Sec. 43. Penalties not otherwise prescribed. Sec. 44. Appeal from superintendent to Commissioners. Sec. 45. Court proceedings. Sec. 46. Repeals. Sec. 47 . Constitutionality. Sec. 48. Effective date of act. Application. SEC. 2 . APPLICATION. - All fire, marine, and casualty insurance com- panies now or hereafter incorporated or formed in the District, or authorized to do business in the District, all brokers and all agents and other representatives of such companies, shall, to the extent hereinafter Provio. provided, be subject to this Act: Provided,That this Act shall not affect not afectedbusin. the business of life and title insurance, and shall not affect the right or authority of any solvent company to make contracts of fidelity or surety, and shall not affect a plan under which any person provides pension benefits to his employees. Defnitions. SEC. 3. DEFIirroNs.- In this Act, unless the context otherwise requires- "District." "District" means District of Columbia. "commissioner. "Commissioners" means the Commissioners of the District of Columbia. "Superintendent." "Superintendent" means the Superintendent of Insurance of the Dis- trict of Columbia. "Department." "Department" means the Department of Insurance of the District of Columbia. "ComCompany" ompany" means an insurance, surety, or indemnity company, and shall be deemed to include a corporation, company, partnership, associa- tion, individual, or aggregation of individuals engaging in or proposing or attempting to engage in any kind of insurance, surety, or indemnity business, including the exchanging of reciprocal or interinsurance con- tracts between individuals, partnerships, and corporations. "Authorized cor- "Authorized company" means a company which has authority from P!;t,p. 10a. the Superintendent to do business in the District as provided under section 2, chapter II, of this Act. "Unauthorized "Unauthorized company" means a company which does not have co s p.066 . authority from the Superintendent to do business in the District as provided under section 2, chapter II, of this Act. oes"Domestic Domestic company" means a company incorporated or organized pany." under the laws of the District. "Foreign corn- "Foreign company" means a company incorporated or organized pany" under the laws of any State of the United States. "Alien company." "Alien company" means a company incorporated or organized under the laws of any country other than the United States. "Reciprocal." "Reciprocal" includes interinsurance exchange. "Person." "Person" includes individuals, corporations, associations, exchanges, and partnerships. Personal pronouns. Personal pronouns include all genders; the singular includes the plural and the plural includes the singular. ,Policy., "Policy" means an insurance policy or contract, including contracts of fidelity and surety, and includes any contract wherein one party called the "company", for a consideration, undertakes to pay money or its 1064 [54 STAT.