Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 31. Maryland Insurance Administration |
Subtitle 06. TAXES AND FEES |
Chapter 31.06.03. Risk Retention Groups and Purchasing Groups—Fees |
Sec. 31.06.03.03. Registration Fees
Latest version.
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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.