Maryland Statutes

§ 8-412

Maryland·Article gin Insurance·Title 8
(a)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)The Commissioner may require any additional information that the Commissioner considers necessary.
(c)The bond required under subsection (a) of this section must:
(1)be issued by a surety insurer approved by the Commissioner;

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