Regulation .04 Quarterly Certifications.
Regulation .04 Quarterly Certifications.LinkCopy Citation
A.
A nonparticipating manufacturer that is required to make quarterly escrow payments under Regulation .03 of this chapter shall file a quarterly certification of compliance with the Attorney General. The nonparticipating manufacturer's certification shall be in the form and manner posted on the Attorney General's website and shall provide:
(1)
The identity of the nonparticipating manufacturer reporting and the quarter being reported;
(2)
The number of units sold by brand family for the quarter being reported;
(3)
The applicable escrow rate and payment;
(4)
The name of the financial institution in which the qualified escrow fund is held;
(5)
The amount of the escrow deposit and proof of deposit, such as a counter receipt or statement;
(6)
Any other information necessary to ensure compliance with this regulation.
B.
The quarterly certification required under this regulation does not affect a nonparticipating manufacturer's obligation to file annual certifications under Business Regulation Article, §16-503, Annotated Code of Maryland.