§ 23-203. Applications for registration  


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  •    (a) In general. -- 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) Contents of registration application. -- 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) Requirements of registration application. -- A registration application may require the applicant to disclose the identity, trade names, and names of managers and owners of the applicant.


HISTORY: An. Code 1957, art. 48A, § 486B; 1996, ch. 11; 1997, ch. 708; 2006, ch. 194.