1. A. Filing. Each title insurer or title insurance producer who maintains a separate MAHT account shall file an annual report with the Commissioner and MAHT.

2. B. Forms. The annual report shall be prepared on a form approved by the Commissioner and shall include the following information:

   1. (1) A list of all MAHT accounts and other bank accounts maintained by the title insurer or title insurance producer in which trust money was deposited at any time during the year, which list shall include the:

      1. (a) Name of the account holder;
      2. (b) Names of all persons who have access to the account;
      3. (c) Financial institution in which the account is maintained;
      4. (d) Account number; and
      5. (e) Purpose of the account;
   2. (2) Gross and net interest earned on each account;
   3. (3) A list of the types and amounts charged for services provided to each account, together with the total amount charged for services for each account; and
   4. (4) Any other information the Commissioner considers necessary.
3. C. Date of Filing. A title insurer or title insurance producer shall file the annual report with the Commissioner and MAHT on or before March 31 for the immediately preceding year ending December 31.

Authority: Insurance Article, §§2-109 and 22-103, Annotated Code of Maryland

Effective date: March 11, 1996 (23:5 Md. R. 379)

Regulation .02B amended effective May 19, 1997 (24:10 Md. R. 709)

Regulation .04B amended effective May 19, 1997 (24:10 Md. R. 709)

Regulation .06B amended effective May 19, 1997 (24:10 Md. R. 709)

Regulation .07C, D amended effective May 19, 1997 (24:10 Md. R. 709)

Regulation .08 amended effective May 19, 1997 (24:10 Md. R. 709)

Chapter recodified from COMAR 09.31.06 to COMAR 31.16.03 effective September 7, 1998 (25:18 Md. R. 1439)

Regulation .01 amended effective December 14, 2009 (36:25 Md. R. 1957)

Regulation .02B amended effective December 14, 2009 (36:25 Md. R. 1957)

Regulation .03 amended effective December 14, 2009 (36:25 Md. R. 1957)

Regulation .04B amended effective December 14, 2009 (36:25 Md. R. 1957)

Regulation .05 amended effective December 14, 2009 (36:25 Md. R. 1957)

Regulation .06 amended effective December 14, 2009 (36:25 Md. R. 1957)

Regulation .07 amended effective December 14, 2009 (36:25 Md. R. 1957)

Regulation .08 amended effective December 14, 2009 (36:25 Md. R. 1957)