(a) A registration statement remains effective for 1 year after its effective date unless the Commissioner by rule or order extends the period of effectiveness. A registration statement is not effective while a stop order is in effect under §§ 11-511 through 11-513 of this subtitle.
(b) A registration statement may be withdrawn only in the discretion of the Commissioner.
(c) A registration statement that has not been made effective within 1 year from the date of initial filing may be deemed abandoned by the Commissioner.
Structure Maryland Statutes
Title 11 - Maryland Securities Act
Subtitle 5 - Registration of Securities
Section 11-501 - Registration Requirement
Section 11-502 - Registration by Notification
Section 11-503 - Registration by Coordination
Section 11-503.1 - Filing of Documents and Fees Required; Stop Orders
Section 11-504 - Registration by Qualification
Section 11-505 - Filing of Registration Statement
Section 11-507 - Matters Required to Be Specified in Registration Statement
Section 11-509 - Reports by Person Filing Registration Statement
Section 11-510 - Amendment of Registration Statement to Increase Securities Proposed to Be Offered
Section 11-510.1 - Registration of Indefinite Amount of Securities
Section 11-511 - Denial, Suspension, and Revocation of Registration
Section 11-512 - Summary Postponement or Suspension