The Republican journal., 1913-04-10
Chanter 90.


Section l. No life insurance company
doing business in This state shall make
OF permit any distinction or discrimlna-
ton between individuals of the same
class of insurance risk and OF equal eN-
pectatiou of life in the amount payable
upon the policy, the premiums or rates
charged for policies of life insurance.
or in the dividends or other benefits
payable thereon, or in any other of the
terms and conditions of the same. No
company, association or society, by IT.
self or any other party, and no insul-
auce agent. solicitor OF broker person
ally, or by any other party. shall offer,
promise. allow, give, set off or pay,
directly indirectly, as an inducement
TO life. personal accident or health in
surance. on amy risk in this state now
or hereafter to be written. any rebate of
or part Vt the premium payable on any
policy OF of the agents commission
thereon. nor shall amy such company,
association or society. agent, collector
or broker, personally or otherwise, offer,
promise, allow, give, set off or pay,
directly or indirectly, as inducement to
such insurance. any earnings, profit.
dividends, or other benefit, founded
arising. accruins or , to accrue ,ry on o sGen
valuab bic consideration, which is not
specified, promised or provided 1of III tHc
policy of Insurance, nor shall amy such
company, association or Socle'N' aEcnt
collector or broker, personally or othtf-
wise offer, promise. give. or sell as IN
ducement to such insurance or in con-
nectiou with such inducemcnt, any
stocks, bonds, securities ,, ul ~ o ,c-
erty or amy dIVldendS or pioits d.
crulng or to accrue thereon. nor en-
Cept as specified III the policE, ollr,
promise or give any otnel thiilS VI ,ts
whatsoever. or purchase any stocks,
bonds, securities or properly a"i viz
shall be paid OF agreed to be pilu more
than the fair and reasonable value
thereof. 49,.
No insured person. firm or corporation
shall knowingly receive or accept, direct
ly indirectly, amy rebate Oh pre- Pre-,
MUM or part thereof or asen' s. , suil(,
tors OF brokers' COMMISSION lut'eoi,
payable on amy policy "l me- personal
accident or health lnsu: ancr, or 5 any
special favor or advantage IN tne nlNl :
dend other benefit to accrue thereon ;
nor shall amy such person, firm or cor
poration receive anything OF value ~
1nducement to such Insurance. VI III
connection there"lth. wh'c1i Is nov spt ~
fed promised or provided for IN the
policy of insurance.
Any company, association socle'!.
officer, solicitor. agent broker OF olht'
persOn who violates any OF Inc pfoNls-
ions of this section, Shal! he guilty OF ii
,nisdemcauor and upon conviction there
of shall be sentenced to pay Il me OF
one hundred dollars for each and every
violation or in the discretion OF tn,
court, to Imprisonment for perlod Oh
not less than ninety days nor more tha''
six months The insurance co'ilil9-
thority. in his discretion, to revoke or
suspend any license issued to any Suc'l
company. association, society agent or
broker for ii period not exceeding one
wear Provided that nothing contained
in this section shall he construed to pro
libit an agent from receiving commits
sions from his company for such ln*ur-
auce on himself
Nothing III ihis section shall he $" con
strued as to prohibit amy company is
suing 'on-arlcipAtlns i ;,.vb msnrl"ey y
otherwis. ahating their premiums, IN
whole or in part, out of surplus accd-
,nulated from non-participating lnsur-
ance; nor to prohibit amy company tran
sacting industrial insurance on tn"
weekly payment plan from returning t"
policyhodcrS who have made premium
nayrnentS for q period of at least one
wear directly to the company at lis
home or branch offices. ii percentage OF
The premium which the company would
have paid for the weekly collection OF
such premiums; nor to prohibit any lll'
insurance company dong business III
this state from issuing policies of Life Oh
endowment insurance with or without
ann,lities at rates less than the usual
rates of premiums for such policies IN
surfing members of organizations OF en-
ployers of amy employer who through
their secretary or employer may tax
out insurance in an aggregate oil NOT
less tlsau tittN members and pay tll"lI
premiums through such SECRETARY OF
Section :" No insurance company. as
.ociatiou society. on amy officer, di-
rector agent. broker solicitor thereof
shall issue. circulate or use. or cause OF
permit to he issued, circulated or uSeh
any written or ,ral statement or cUcu
lar misrcpr"Scntng the terms Oh any
life personal accident or health poilcN
issued or TO be ISSUED BY #uch com
pdny or lniSrcpreSentlnG Tue b"it-
fits or privileges promised uno"i
any such DO icy. $50 INSURANCE
company asst citation or society ON
Ger, director, agent, solicitor or pro
ker or any 1er@oli, ll'lTl' ASSOCIATION %
corporation $llall make Any lSiepl .
sentatioh. oral, written oi otiltr"sSp -
any person fol the pufioS" "l i'uut'ii|
or tending to .nduc9 Such Pt'sol !" taht
out a policy Of HE. personal aeclh'hl oi
healtl' INSURANCE, or Tor the purpose ol
inducing or ten!l,it to lnduct any per
son having me, p'fSh'Ell "t'i'thi w
health insurance t" lapse, i"rleh or SUI.
render such III urance ana L" take "nt
Il policy OF IN" urahre III another COM
pany.
Any Insurance nonf'"n\' aS5o@ia.,on , or
49, ''' ...,i,ti,, ,. ,,,no,.,tinii
peiSuH VI IT, ;..;, f NJ soctinm
Ntoid t'ii7 .'r IL, ~ W. ,itit,,
OF nus az II W S ',.? ~ ,hn,..,nt
l nt'ii'GI "nu "l'1 1 >. - ti, az MAJ
S,ida ,', h, ~ Go,.,, fo,. c,rh
'tto, 'ia' oi' .i'i,iu'c ,' ~, ,,oi,ation
and every tiol3'lon. or IN t''e nlscl e'l ,'''
OF me court. |" imprisonment lpi d .,ii'
100 OF nor more tla' SIN Hloi''i9' i
ms ufahce cohnlsSIonfr' a., ''' 70
*htli have authority IN ms ulscretion u
revoke or suspend the license tiitl 49,
fTrn 1b.i n n