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Code · Maryland · Corporations and Associations

§ 11-506

221 words·~1 min read·/md/corporations-and-associations/11-506·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§11–506.
(a)Except as provided in § 11–510.1 of this subtitle, a person filing an application to register securities shall pay a fee of 0.1 percent of the maximum aggregate offering price at which the securities are to be offered in this State, but the fee may not be less than $500 or more than $1,500.
(1)Except as provided in paragraph
(2)of this subsection, a person required to submit a filing in accordance with an exemption granted under this title shall pay a fee of $400 for each filing.
(2)A person required to submit a filing in accordance with the exemption granted under § 11–601(16) of this title shall pay a fee of $100 for each filing.
(3)A person required to submit a notice of the offer or sale of federal covered securities under § 11–503.1(c) of this subtitle shall pay:
(i)A fee of $100 for each filing; and
(ii)An additional fee of $150 for each filing made after the filing due date.
(c)The Commissioner shall retain the fee, if:
(1)An application to register securities is withdrawn before the effective date;
(2)A notice of the offer or sale of a federal covered security is withdrawn; or
(3)A preeffective stop order is entered under §§ 11–511 through 11–513 of this subtitle.
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