Md. Code, Corp. & Ass'ns § 11-506

Current with changes from the 2024 Legislative Session
Section 11-506 - Filing fee
(a) Except as provided in § 11-510.1 of this subtitle, a person filing an application to register securities shall pay a fee of 0.1 percent of the maximum aggregate offering price at which the securities are to be offered in this State, but the fee may not be less than $500 or more than $1,500.
(b)
(1) Except as provided in paragraph (2) of this subsection, a person required to submit a filing in accordance with an exemption granted under this title shall pay a fee of $400 for each filing.
(2) A person required to submit a filing in accordance with the exemption granted under § 11-601(16) of this title shall pay a fee of $100 for each filing.
(3) A person required to submit a notice of the offer or sale of federal covered securities under § 11-503.1(c) of this subtitle shall pay:
(i) A fee of $100 for each filing; and
(ii) An additional fee of $150 for each filing made after the filing due date.
(c) The Commissioner shall retain the fee, if:
(1) An application to register securities is withdrawn before the effective date;
(2) A notice of the offer or sale of a federal covered security is withdrawn; or
(3) A preeffective stop order is entered under §§ 11-511 through 11-513 of this subtitle.

Md. Code, CA § 11-506

Amended by 2017 Md. Laws, Ch. 838,Sec. 1, eff. 10/1/2017.
Amended by 2017 Md. Laws, Ch. 837,Sec. 1, eff. 10/1/2017.
Amended by 2014 Md. Laws, Ch. 558,Sec. 1, eff. 10/1/2014.
Amended by 2014 Md. Laws, Ch. 557,Sec. 1, eff. 10/1/2014.