§ 8-412. Filing requirements

   (a) In general. -- The incorporators shall file with the Commissioner:

   (1) the articles of incorporation of the society;

   (2) certified copies of the society's laws and rules;

   (3) copies of all proposed:

      (i) forms of certificates;

      (ii) applications for certificates; and

      (iii) circulars to be issued by the society; and

   (4) a bond conditioned on the return to applicants of advance premiums if the organization of the society is not completed within 1 year.

(b) Additional information. -- The Commissioner may require any additional information that the Commissioner considers necessary.

(c) Requirements for bond. -- The bond required under subsection (a) of this section must:

   (1) be issued by a surety insurer approved by the Commissioner; and

   (2) be in the amount required by the Commissioner, but not less than $ 300,000 nor more than $ 1,500,000.

(d) English language requirement. -- Each document filed shall be in the English language.

HISTORY: CA § 6-404; 1995, ch. 36; 1997, ch. 183, § 1.