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<section article="gca" article_name="Corporations and Associations" number="11-507" title_number="11" title_name="Maryland Securities Act" subtitle_number="5" subtitle_name="Registration of Securities">
  <level label="a">
    <text>Every registration statement shall specify:</text>
    <level label="1">
      <text>The amount of securities to be offered in this State;</text>
    </level>
    <level label="2">
      <text>The states in which a registration statement or similar document in connection with the offering has been or is to be filed; and</text>
    </level>
    <level label="3">
      <text>Any adverse order, judgment, or decree entered in connection with the offering by the regulatory authorities in each state, any court, or the Securities and Exchange Commission.</text>
    </level>
  </level>
  <level label="b">
    <text>Any document filed under this subtitle may be incorporated by reference in the registration statement to the extent that the document is currently accurate.</text>
  </level>
  <level label="c">
    <text>The Commissioner by rule or otherwise may permit the omission of any item of information or document from any registration statement.</text>
  </level>
</section>
