Page:United States Statutes at Large Volume 54 Part 1.djvu/1103

 54 STAT.] 76TH CONG., 3D SESS.- CH. 792-OCT. 9, 1940 1069 principal officers. The Superintendent shall annually in the month Bln forms. of December furnish to each of the companies authorized to do busi- ness in the District blanks necessary for the filing of the statement herein required. Such blanks shall conform substantially to the form of statement adopted by the National Association of Insurance Com- missioners. The Superintendent shall have power to make such modi- fications and additions in said blank forms of statement as he may deem desirable and necessary to ascertain the condition and affairs of the company. The Superintendent shall also have power to require Publiation of sm- that at least once in the month of March in each year a summary of "r ' such annual statement shall be published by the company in a daily newspaper published in the District. SEC. 9. PENALTY FOR FALSE STATEMENT.-Any director, officer, Penalty for la agent, or employee of any company who subscribes to, makes or con- t. curs in making or publishing any annual or other statement required by law, knowing the same to contain any material statement which is false, shall be fined not more than $5,000 or imprisoned for not more than five years, or both. SEC. 10. EXAMINATIONS.- The Superintendent may examine the Ex-aons . books, papers, property, and affairs of any agent or company organized or doing business in the District, and o any company engaged in or professing to be engaged in organizing, promoting, or soliciting stock or capital contributions to or aiding in the formation of any company, or any company which holds the capital stock of another company for the purpose of controlling the management thereof as voting trustee or otherwise. The Superintendent, his deputy, or any examiner desig- nated by the Superintendent, may examine under oath the officers and agents of such company, and all persons deemed to have material infor- mation regarding the company s property or business. Every such Books of oal company, its officers, and agents shall produce at the home office of the etry, reords etc company at the time designated by the Superintendent its books of original entry, and all records and papers in its or their possession relating to its or their business or affairs. The officers and agents of such company shall facilitate such examination insofar as it is in their power to do so. The expense of such examination shall be paid by the company examined. Any officer, director, agent, or employee of any Palty for fas company who makes or causes to be made any false entry in any book e. report, or statement of such company with intent to injure or defraud such company or any other company or person, or to deceive any officer of such company, or the Superintendent, and any person who with like intent aids or abets any officer, director, agent, or employee in any violation of this Act shall be fined not more than $1,000, or shall be imprisoned for not more than five years, or both. The Superintendent Fose or A"L may, in lieu of such examination of a foreign or alien company, accept y. the report on the examination of such company made by the Insurance Department or other insurance supervising official in any other State or any government outside the United States. SEC. 11 . CLASSIFICATION OF INSURANCE. -Any company authorized to cas-lton od i do business in the District may, when empowered by its charter, make all or any one or more of the kinds of insurance and reinsurance com- prised in either or both of the following classes, subject to and in accord- ance with the provisions of this Act: (1) FIRE AND MARINE.- -On houses, buildings, and all other kinds of Fi- and property against loss, damage, or damages by fire, lightning, or storm; to insure against loss or damage by water to any goods or premises aris- ing from the breakage or leakage of sprinklers or water pipes; and to make all kinds of insurance against loss of or damage to goods, mer- chandise, or other property caused by fire, risks of transportation, or navigation, the action of the elements or adverse manifestations of

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