Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-04-14
Chanter 81.
An Act relating TO the Relating and
twisting of life, personal, accident and

tNlSlfnS OF iiie. ptIsofdi, dtttutht anu
Section l. No life Insurance company
doing business in this State shall make
or permit any distinction or discrimina-
ton between individuals of the same
class Of Insurance risk and of equal eX-
pectation 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, py IL
self or any other party, and no lnsuf-
ance agent, solicitor or broker person
ally. or by any other party, shall offer,
promise. allow, give, set OIL or pay,
directly or indirectly. as an inducement
10 life, personal accident or health IN
surance, on any risk in this state now
or hereafter to be written, any rebate OF
or part of the premium payable on any
policy or of the agents commission
thereon; nor shall any such company,
association or society. agent, coHeStoI
or broker, personally or otherwise oHtr'
promise, allow, give set off or pay,
directly or indirectly as inducemeht -
such insurance, any earnings Wons'
dividends, or other benefit. FOUNDED,
arising accruing to accrue on such
Insurance or therefrom, or any othei'
valuable consideration, which IS nos
specified promised or provided for IN the
policy Of Insurance. nor shall any Sucu
company. association or society, agent
collector or broker. personally or olhcI
wise, Offer promise. give, or sell as m
ducement TO such insurance or IN COR
nection with such lnducemeht, dnN
stocks. bonds, securities or prop
erty or any dividends or profits ac-
crufng or TO accrue thereon, nor eA-
cept as specified in the poflcy, oief-
promise or give any other thing OF value
whatsoever, or purchase any STOCKS,
bonds, securities. or property lof "liIcl
shall be paid or agreed To be pald NOR
than the fair and reasonable value
thereof.
shall knowingly receive or accept. direct
ly or indirectly, any rebate OF pre-
MUM or part thereof, or agents, soiicl-
tors or brokers commission thereon
payable on any policy of life. personal
accident or health insurance, OF i any
special favor or advantage in the dlvl-
dend or other benefit to accrue thereon
nor shall any. such person, firm or cor
poration receive anything of value as
connection herewith. which is not speci-
fled PROMISED provided Tor III tue
policy Of iilsuta ace.
ANY company, association, society
officer. solicitor agent. broker or otner
person who violates any of the proVis-
ions Of this section, shall be guilty OF
misdemeanor and upon convection there,
of shall be sentenced to pay Il me OF
one hundred dollars for each and every
violation, OF in the discretion of the
court, TO iinpisonment for Il period OF
not less than ninety days nor more than
six months. The insurance commits
sioner after a hear ng. shall have au-
thority. in hiss iisei elton. to revoke or
suspend any license issued to any such
company . IS oriation. society. agent or
broker for Il period not exceeding one
year Provided that nothing contained
in this section shall be construed to pro-
hihit an az eut from receiving commits
ance on him self.
Nothing in ibis section shall be so con-
strued as TO prohibit any company IS
suing non-parfis ipating life insurance
from paving bcbuses to policyholderS or
otherwise abaiiitg their premiums. IN
whole or in part, out of surplus aecu-
ance; nor to prohibit any company tran
sactng industrial insurance on the
weekly payment plan from returning to
who have made premium
payments for a period of at least one
year directly 10 the company at its
home or branch offices, a percentage OF
I he premium which the company WOUNDS
have paid for the weekly collection Of
such premiums: nor to prohibit any life
insurance company doing business III
this State from issuing policies OF lite or e
Insurance with Or without 2
annuities at iates less than the usual
rates of premiums for such policies IN
surfing members of organizations or en-
ployees of a,ty employer who through
Their. secretary or empioyer may tak AK.
out insurance in an aggregate OF not
less than fifty members and pay their
premiums tlnsugifa such etseoretarS 1ofs'
employer.
or. society, or any officer, di-
rector. agent, broker or solicitor. thereof
shall issue. circulate or use. or cause or
permit to be issued, circulated or used.
any written or oral statement, or circu-
lar incorporating the terms OF any
life personal accident or health policy
issued or to be issued by such com
pany, or Inisrepresenting the bene-
fits or privileges promised under
any such policy. NO insurance
association or society, ON
ker or any person, firm, association or
shall make any misfepfe-
oral, written or otherwise to
any person for the purpose OF lnducine
or tending to induce such person TO take
out policy of life. personal accident or
health Insurance.. or for the purpose o.
or tending to induce any per
son having life, personal accident or
health Insurance to. lapse, forfeit or sur
render such insurance and to take out
a policy of insurance in another COM
pany.
Any insurance company. association or
society, agent. sc licitor or broker. or any
person, firm, association or corporation
the provisions Of this section
meanor and upon conviction thereof.
shall be sentenced TO pay flne OF not
more than ore hundred dollars for each
and every violation OF in the dlscretioh
Of the court to imprisonment for a pc
Rod of not more than six months. The
insurance commissioner. after a hearing,
shall have authority in his discretion TO
revoke or suspend the license thereto
fore issued to any company, association
or society, agent or broker. for period
not exceeding one year.
Section 3. no pei-ion shall be excused
from testifying or from producing any
books papers. contracts. agreements or
documents at the t iai or hearing of any
person or company association or so
ciety charged Wit violating any pro-
vision of sections one ana two OF TINS
act, on the grounl that such testimony
or evidence may tend to incrninate
himself, but 40 person shall be prose
euted for any at concerning which ne
dnce evidence, .iocnmentary or other
wise. except for perjury colo nitted in so
testifying.
Section 4. Chapter one hundred ten
and chapter one hundred tweatx-ole af
the public laws OF naei cen hundred
seven and chapter two hnr bred seven o.
the public laws of nineteer hundred nine
are hereby repealed. approved March p,
1872
Chapter &c.
ten OF Chapter one HUNDRED ninety
three OF the Public Laws of nine cen
hundred nine. entitled "ka Aet Great
ing tho Maine forestry disir'ci and pro-
Niding for protection against forest
fires therein.
Section + Section six ~ said chapter
SIS hereby amended by striking out all of
said section after the work purpose IN
The fifth line thereof and adding thereto
so that said Section as amended shall
read rs follows.