Maryland § 8-412

§ 8-412.

    (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; and

        (2)    be in the amount required by the Commissioner, but not less than $300,000 nor more than $1,500,000.

    (d)    Each document filed shall be in the English language.