Page:United States Statutes at Large Volume 48 Part 1.djvu/618

 592 April 16, 1934. [S.193.] [Public, No. 163.] District of Columbia Cod e amendment. Vol.45,p . 1504 . Degr ee co nfer ring in- stitutlons maintained abroad . Restriction on use of certain words in names of, removed. April 16, 1934. A ] 16,1934 . [Public, No. 164 .] District of Columbia Cod e amendment. Compe nsat ion insur ante regul atio n. Rates, etc ., to be filed with Superintendent of Insurance. Approval required. Wi thdrawal of ap- proval. provisos. Petition for review. Time for filing. 73d CONGR ESS. SESS. II. CHS. 140,143, 144 . APRIL 14, 16, 1934. appropriated for expenditure subject to his discretion the amount which, in his judgment, is necessary for the purposes of this investi- gation and preparation of a report. Approved, April 14, 1934. [CHAPTER 143 .] AN ACT To amend section 586c of the Act entitled "An Act to amend subchapter 1 of chapter 18 of the Code of Laws for the District of Columbia relating to degree- conferring institutions", approved March 2, 1929. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 586c of the Act entitled "An Act to amend subchapter 1 of chapter 18 of the Code of Laws for the District of Columbia relating to degree- conferring institutions ", approved March 2, 1929, be, and the same is here by, amen ded by a ddin g at the end of such sec tion the fol low- ing : "Provided, That no institution heretofore incorporated under the provisions of this Act, and carrying on its work exclusively in any forei gn country wit h the consent and approval of the Govern - ment thereof, shall if otherwise entitled to be licensed by the Board of Education, be denied the same solely because of the inclusion in its name and as descriptive of its origin of any of the specific words the use of which is by this section forbidden to incorporations under the provisions of this Act ." Approved, April 16, 1934. [CHAPTER 144 .] AN ACT To amend the Code of Law for the District of Columbia. Be it enacted by t he Senate and House of Repr esentatives of the United States o f America in Congress assembled, That subchapter 5 of chapter XVIII of the Code of Law for the District of Columbia be amended b y adding ther eto, a new pa ragraph readin g as follows "Every insurance corporation or association authorized to transact business in the District of Columbia, which insures employers against liability for compensation under the Emp loyees' Compen sation Act, shall file with the Superintendent of Insurance its manual of classi- fications and underwriting rules, together with basic rates for each class, and also merit rating plans designed to modify the class rates, none of which shall take effect until the Superintendent of Insur- ance shall h ave approved the same as a dequate and re asonable for the group of risks to which they respectively apply . The Superin- tendent of Insurance may withdraw his approval of any premium rate or schedule made by any insurance corporation or association, if, in his judgment, such premium rate or schedule is inadequate or unreasonable : Provided, That upon petition of the company or asso- ciation or any other party aggrieved the opinion of the Superin- tendent of Insurance shall be subject to review by the Supreme Court of the Distric t of Columbia : Provide d further, That any petition for review shall be filed with said court within thirty days after the rendition of o pinion by the Superintende nt of Insuranc e ." Approved, April 16, 1934.