Regulation .03 Biographical Affidavit.
Regulation .03 Biographical Affidavit.LinkCopy Citation
A.
Biographical affidavits shall be submitted on the individuals required by the applicable filing when:
(1)
An entity files an application for a certificate of authority using the NAIC Uniform Certificate of Authority Primary Application;
(2)
A foreign entity files an application for a certificate of authority using the Uniform Certificate of Authority Expansion Application;
(3)
A foreign entity files an application to redomesticate to Maryland using the Uniform Certificate of Authority Primary Application;
(4)
A person files a registration statement pursuant to Insurance Article, §7-603, Annotated Code of Maryland; and
(5)
Any person seeking to acquire control of an insurer or other entity files a statement pursuant to Insurance Article, §7-304, Annotated Code of Maryland.
B.
Upon written request of the Commissioner and within 30 days of such a request, a foreign entity holding a current certificate of authority in this State that had a change in principal management shall provide a biographical affidavit for the affiant listed in the request.
C.
For any change in principal management of a domestic entity, a person shall submit a biographical affidavit for the affiant within 30 days of the date of change.