1988

LAWS OF MARYLAND

[Ch. 311

SIGNIFICANT SUBSIDIARY:

(I)    ITS NAME, ADDRESS, AND FORM OF
ORGANIZATION;

(II)    THE STATE OR FOREIGN JURISDICTION AND
THE DATE OF ITS ORGANIZATION; AND

(III)    THE GENERAL CHARACTER AND LOCATION OF
ITS BUSINESS;

(3) WITH RESPECT TO ANY PERSON ON WHOSE
BEHALF ANY PART OF THE OFFERING IS TO BE MADE IN A
NONISSUER DISTRIBUTION:

(I)   HIS NAME AND ADDRESS;

(II)   THE AMOUNT OF SECURITIES OF THE ISSUER
HELD BY HIM AS OF THE DATE OF THE FILING OF THE
REGISTRATION STATEMENT; AND

(III)    A STATEMENT OF HIS REASONS FOR MAKING
THE OFFERING;

(4)         A DESCRIPTION OF THE SECURITY BEING

REGISTERED;

(5)   THE INFORMATION AND DOCUMENTS SPECIFIED
IN §11-504(B) (2), (4), (7), (8), (9), (10), AND (12)
OF THIS SUBTITLE;

(6)   A BALANCE SHEET OF THE ISSUER AS OF A
DATE WITHIN FOUR MONTHS BEFORE THE FILING OF THE
REGISTRATION STATEMENT;

(7)   A SUMMARY OF EARNINGS:

(I) FOR EACH OF THE TWO FISCAL YEARS
PRECEDING THE DATE OF THE BALANCE SHEET AND FOR ANY
PERIOD BETWEEN THE CLOSE OF THE LAST FISCAL YEAR AND THE
DATE OF THE BALANCE SHEET; OR

(II) FOP THE PERIOD OF EXISTENCE OF THE
ISSUER AND ANY PREDECESSOR, IF LESS THAN TWO YEARS; AND

(8) THREE COPIES OF THE PROSPECTUS REQUIRED
BY SUBSECTION (C) OF THIS SECTION.

(C) PROSPECTUS.

(1) AS A CONDITION OF REGISTRATION UNDER THIS
SECTION, A PROSPECTUS CONTAINING ANY DESIGNATED PART OF
THE INFORMATION SPECIFIED IN SUBSECTION (B) OF THIS
SECTION SHALL BE SENT OR GIVEN TO EACH PERSON TO WHOM AN