Code of Maryland Regulations
Title 31 - MARYLAND INSURANCE ADMINISTRATION
Subtitle 06 - TAXES AND FEES
Chapter 31.06.03 - Risk Retention Groups and Purchasing Groups-Fees
Section 31.06.03.03 - Registration Fees

Universal Citation: MD Code Reg 31.06.03.03

Current through Register Vol. 51, No. 19, September 20, 2024

A. Domestic risk retention groups shall pay the following nonrefundable fees to the Commissioner:

(1) Submission of plan of operation or feasibility study-$50;

(2) Certificate of authority-$200;

(3) Filing annual statement-$25;

(4) Annual continuation of certificate of authority-$25.

B. Foreign risk retention groups shall pay the following nonrefundable fees to the Commissioner:

(1) Submission of plan of operation or feasibility study-$50;

(2) Filing annual statement-$25.

C. Purchasing groups shall pay to the Commissioner a nonrefundable registration fee of $100 upon submission of intent to do business in Maryland.

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