Md. Code, Insurance § 23-203
This is the official text of Md. Code, Insurance § 23-203, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§23–203.
Official statutory text
(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.
(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.
Status: in_force · Read it on the official government site
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