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Ch. 539 2002 LAWS OF MARYLAND
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(2) A BUSINESS CREDIT REPORT FOR THE APPLICANT THAT IS NO OLDER
THAN 3 MONTHS BEFORE THE DATE OF APPLICATION;
(3) CERTIFIED COPIES OF THE APPLICANT'S ARTICLES OF
INCORPORATION OR ARTICLES OF ORGANIZATION AND BYLAWS OR OPERATING
AGREEMENT WITH ALL AMENDMENTS; AND
(4) A CERTIFICATE OF GOOD STANDING FROM THE STATE IN WHICH THE
APPLICANT IS INCORPORATED OR ORGANIZED.
[(c)] (F) With the application, the applicant shall pay to the Commissioner:
(1) An investigation fee of [$500] $1,000; and
(2) A license fee of either:
(i) [$400] $4,000 if the applicant applies for the license on or after
January 1 and on or before December 31 of an even-numbered year; OR
(ii) [Effective January 1, 1999, $200] $2,000 if the applicant applies
for the license on or after January 1 and on or before December 31 of an
odd-numbered year.[; or
(iii) $400 if the applicant applies for the license on or after October
1, 1997 and on or before December 31, 1997.]
[(d)] (G) With the application, the applicant shall file EVIDENCE OF a surety
[bond or deposit permissible investments] DEVICE with the Commissioner as
provided in [§ 12-410] § 12-412 of this subtitle.
[(e)] (H) (1) For each license for which an applicant applies, the applicant
shall:
(i) Submit a separate application; AND
(ii) [Submit a separate financial statement; and
(iii) ] Pay a separate license fee.
(2) If an applicant has or is applying for more than one license, the
applicant may comply with subsection [(d)] (G) of this section by filing EVIDENCE OF
only one [bond or depositing only one set of permissible investments] SURETY
DEVICE.
(3) If an applicant has or is applying for more than one license, the
applicant is not required to [file] PAY a separate investigation fee.
12-408.
(A) THIS SECTION DOES NOT APPLY TO ANY CORPORATION THE SECURITIES
OF WHICH ARE EXEMPT FROM REGISTRATION UNDER § 11-601 (8) OR (12) OF THE
CORPORATIONS AND ASSOCIATIONS ARTICLE OR ANY WHOLLY OWNED SUBSIDIARY
OF THE CORPORATION.
(B) IN CONNECTION WITH AN INITIAL APPLICATION, A RENEWAL
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- 4068 -
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