Section 8-412 - Filing requirements. - Maryland Statutes

§ 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. 
 

[CA § 6-404; 1995, ch. 36; 1997, ch. 183, § 1.]