§ 8-303. Registration required

Latest version.

   (a) In general. -- A person must register with the Commissioner before the person acts as or represents itself as an administrator in the State.

(b) Administrators of ERISA plans. -- A person that would be an administrator subject to this subtitle but for the exemption under § 8-301(b)(2)(iv) of this subtitle shall provide to the Commissioner:

   (1) written notice that the person operates in the State; and

   (2) evidence satisfactory to the Commissioner that the person is complying with any applicable bonding requirements imposed by ERISA.

HISTORY: An. Code 1957, art. 48A, § 682, 696; 1995, ch. 36.

                    
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