<?xml version='1.0' encoding='utf-8'?>
<section article="gin" article_name="Insurance" number="23-203" title_number="23" title_name="Premium Financing" subtitle_number="2" subtitle_name="Registration">
  <level label="a">
    <text>An applicant for initial registration shall:</text>
    <level label="1">
      <text>file with the Commissioner:</text>
      <level label="i">
        <text>an application on the form that the Commissioner requires;</text>
      </level>
      <level label="ii">
        <text>in the case of a corporation or limited liability company, a certificate of good standing issued by the State Department of Assessments and Taxation;</text>
      </level>
      <level label="iii">
        <text>evidence of compliance with § 23-202 of this subtitle;</text>
      </level>
      <level label="iv">
        <text>the form of the premium finance agreement to be used; and</text>
      </level>
      <level label="v">
        <text>the finance charge, initial service fee, and all other fees and charges to be applied; and</text>
      </level>
    </level>
    <level label="2">
      <text>pay to the Commissioner an application fee of $250.</text>
    </level>
  </level>
  <level label="b">
    <text>The registration application shall include the following information:</text>
    <level label="1">
      <text>the name, business address, and telephone number of the premium finance company; and</text>
    </level>
    <level label="2">
      <text>the name and business address of each officer, director, principal, and partner of the premium finance company.</text>
    </level>
  </level>
  <level label="c">
    <text>A registration application may require the applicant to disclose the identity, trade names, and names of managers and owners of the applicant.</text>
  </level>
</section>
