Maryland Code, CORPORATIONS AND ASSOCIATIONS 11-506
Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 11-506
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(b) (1) Except as provided in paragraph (2) of this subsection, a person required to submit a filing in accordance with an exemption granted under this title shall pay a fee of $400 for each filing.
(2) A person required to submit a filing in accordance with the exemption granted under § 11-601(16) of this title shall pay a fee of $100 for each filing.
(3) A person required to submit a notice of the offer or sale of federal covered securities under § 11-503.1(c) of this subtitle shall pay:
(i) A fee of $100 for each filing; and
(ii) An additional fee of $150 for each filing made after the filing due date.
(c) The Commissioner shall retain the fee, if:
(1) An application to register securities is withdrawn before the effective date;
(2) A notice of the offer or sale of a federal covered security is withdrawn; or
(3) A preeffective stop order is entered under §§ 11-511 through 11-513 of this subtitle.