§ 23-203
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/md/insurance/23-203A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§23–203.
(a)An applicant for initial registration shall:
(1)file with the Commissioner:
(i)an application on the form that the Commissioner requires;
(ii)in the case of a corporation or limited liability company, a certificate of good standing issued by the State Department of Assessments and Taxation;
(iii)evidence of compliance with § 23-202 of this subtitle;
(iv)the form of the premium finance agreement to be used; and
(v)the finance charge, initial service fee, and all other fees and charges to be applied; and
(2)pay to the Commissioner an application fee of $250.
(b)The registration application shall include the following information:
(1)the name, business address, and telephone number of the premium finance company; and
(2)the name and business address of each officer, director, principal, and partner of the premium finance company.
(c)A registration application may require the applicant to disclose the identity, trade names, and names of managers and owners of the applicant.