Section 12-902 - Registration. - Maryland Statutes

§ 12-902. Registration.
 

(a)  In general.- Before doing any interstate, intrastate, or foreign business in this State, a foreign statutory trust shall register with the Department. 

(b)  Requirements.- To register, a foreign statutory trust shall submit to the Department an application for registration as a foreign statutory trust executed by an authorized person and setting forth: 

(1) The name of the foreign statutory trust and, if different, the name under which it proposes to register and do business in this State; 

(2) The jurisdiction under the laws of which it was formed and the date of its formation; 

(3) The general character of the business it proposes to transact in this State; 

(4) The name and address of its resident agent in this State; 

(5) A statement that the Department is appointed as the resident agent of the foreign statutory trust if no resident agent has been designated under item (4) of this subsection or, if a resident agent has been designated, the resident agent's authority has been revoked or the resident agent cannot be found or served with the exercise of reasonable diligence; and 

(6) The address of the office required to be maintained in the jurisdiction of its formation by the laws of that jurisdiction or, if not so required, of the principal office of the foreign statutory trust. 
 

[2010, ch. 611, § 1.]