1. (a) An applicant for initial registration shall:

   1. (1) file with the Commissioner:

      1. (i) an application on the form that the Commissioner requires;
      2. (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;
      3. (iii) evidence of compliance with § 23-202 of this subtitle;
      4. (iv) the form of the premium finance agreement to be used; and
      5. (v) the finance charge, initial service fee, and all other fees and charges to be applied; and
   2. (2) pay to the Commissioner an application fee of $250.

2. (b) The registration application shall include the following information:

   1. (1) the name, business address, and telephone number of the premium finance company; and
   2. (2) the name and business address of each officer, director, principal, and partner of the premium finance company.
3. (c) A registration application may require the applicant to disclose the identity, trade names, and names of managers and owners of the applicant.

Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997. Amended by Acts 1997, c. 708, § 1, eff. Oct. 1, 1997; Acts 2006, c. 194, § 1, eff. Oct. 1, 2006.

Formerly Art. 48A, § 486B.