Maryland Statutes
Part II - Formation, Organization, and Authority to Do Business
Section 8-412 - Filing Requirements

(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.

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