Maryland § 23-203

Full text of Maryland Maryland Code § 23-203, with citation guidance and answers to common questions.

§ 23-203.

    (a)    An applicant for initial registration shall:

        (1)    file with the Commissioner:

            (i)    an application on the form that the Commissioner requires;

            (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;

            (iii)    evidence of compliance with § 23-202 of this subtitle;

            (iv)    the form of the premium finance agreement to be used; and

            (v)    the finance charge, initial service fee, and all other fees and charges to be applied; and

        (2)    pay to the Commissioner an application fee of $250.

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

        (1)    the name, business address, and telephone number of the premium finance company; and

        (2)    the name and business address of each officer, director, principal, and partner of the premium finance company.

    (c)    A registration application may require the applicant to disclose the identity, trade names, and names of managers and owners of the applicant.

Frequently Asked Questions About Maryland § 23-203

What does Maryland Code § 23-203 cover?

Section 23-203 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Maryland § 23-203?

A common citation format is "Maryland Code § 23-203" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Maryland law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.

How does Maryland § 23-203 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.