<?xml version='1.0' encoding='utf-8'?>
<chapter num="07" heading="Acceptance of Documents" title_num="18" subtitle_num="04">
  <regulation prefix="Regulation" num=".01" heading="Definitions.">
    <paragraph num="A.">
      <text>In this chapter, the following terms have the meanings indicated.</text>
    </paragraph>
    <paragraph num="B.">
      <text>Terms Defined.</text>
      <paragraph num="(1)">
        <text>“Acceptance date” means the date a document is accepted for record by the Department.</text>
      </paragraph>
      <paragraph num="(2)">
        <text>“Document” includes any document that is filed for recordation with the Department by a foreign or domestic corporation, limited partnership, limited liability partnership, limited liability company, or other organization.</text>
      </paragraph>
      <paragraph num="(3)">
        <text>“Electronic signature” has the meaning stated in Commercial Law Article, §21-101, Annotated Code of Maryland.</text>
      </paragraph>
      <paragraph num="(4)">
        <text>“Information processing system” has the meaning stated in Commercial Law Article, §21-101, Annotated Code of Maryland.</text>
      </paragraph>
    </paragraph>
  </regulation>
  <regulation prefix="Regulation" num=".02" heading="Procedure.">
    <paragraph num="A.">
      <text>Original Filings. The acceptance date of a document is the date that the document is received by the Department provided the:</text>
      <paragraph num="(1)">
        <text>Document conforms with law;</text>
      </paragraph>
      <paragraph num="(2)">
        <text>Name of the corporation, limited partnership, limited liability partnership, limited liability limited partnership, real estate investment trust, statutory trust, or limited liability company, or trade name is available; and</text>
      </paragraph>
      <paragraph num="(3)">
        <text>Appropriate fees and taxes are remitted with the document.</text>
      </paragraph>
    </paragraph>
    <paragraph num="B.">
      <text>Resubmitted Filings. A resubmitted document may retain the date that the document is first received by the Department as the acceptance date if, at the program manager’s discretion, the filer demonstrates good cause for that acceptance date.</text>
    </paragraph>
    <paragraph num="C.">
      <text>If the Department incorrectly rejects a document, then the acceptance date shall be the original date that the document is received by the Department.</text>
    </paragraph>
  </regulation>
  <regulation prefix="Regulation" num=".03" heading="Conditions for Nonrefundable Processing Fees.">
    <text>If documents are not accepted by the Department, the processing fees referenced in Corporations and Associations Article, §1-203, Annotated Code of Maryland, are applied to the resubmission of those documents if resubmitted and accepted within 60 days of the date of non-acceptance.</text>
  </regulation>
  <regulation prefix="Regulation" num=".04" heading="Electronic Signatures.">
    <paragraph num="A.">
      <text>The general provisions of the Corporations and Associations Article, Annotated Code of Maryland, require certain signatures to be affixed to certain records filed with the Department.</text>
    </paragraph>
    <paragraph num="B.">
      <text>Commercial Law Article, §21-117, Annotated Code of Maryland, permits the Department to determine whether, and the extent to which, it will accept electronic signatures and rely upon electronic signatures.</text>
    </paragraph>
    <paragraph num="C.">
      <text>When a record is filed with the Department using an information processing system, the Department shall accept and rely on any associated electronic signature.</text>
    </paragraph>
  </regulation>
  <annotations>
    <annotation type="Authority">Commercial Law Article, §21-117; Corporations and Associations Article, §§1-102, 1-203, and 1-406;Tax-Property Article, §2-201; Annotated Code of Maryland</annotation>
    <annotation type="History" subtype="Administrative History">Effective date: December 28, 1987 (14:26 Md. R. 2749)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01B amended effective August 28, 1995 (22:17 Md. R. 1321); December 11, 2003 (30:24 Md. R. 1745); June 10, 2013 (40:11 Md. R. 977)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .02 amended effective December 11, 2003 (30:24 Md. R. 1745; December 12, 2022 (49:25 Md. R. 1051))</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .02A amended effective August 28, 1995 (22:17 Md. R. 1321); November 19, 2018 (45:23 Md. R. 1071)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .03 adopted effective October 11, 2004 (31:20 Md. R. 1486)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .03 amended effective November 19, 2018 (45:23 Md. R. 1071)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .04 adopted effective June 10, 2013 (40:11 Md. R. 977)</annotation>
  </annotations>
</chapter>