<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".03" citation="COMAR 31.04.02.03" title_num="31" subtitle_num="04" chapter_num="02" heading="Biographical Affidavit.">
  <paragraph num="A.">
    <text>Biographical affidavits shall be submitted on the individuals required by the applicable filing when:</text>
    <paragraph num="(1)">
      <text>An entity files an application for a certificate of authority using the NAIC Uniform Certificate of Authority Primary Application;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>A foreign entity files an application for a certificate of authority using the Uniform Certificate of Authority Expansion Application;</text>
    </paragraph>
    <paragraph num="(3)">
      <text>A foreign entity files an application to redomesticate to Maryland using the Uniform Certificate of Authority Primary Application;</text>
    </paragraph>
    <paragraph num="(4)">
      <text>A person files a registration statement pursuant to Insurance Article, §7-603, Annotated Code of Maryland; and</text>
    </paragraph>
    <paragraph num="(5)">
      <text>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.</text>
    </paragraph>
  </paragraph>
  <paragraph num="B.">
    <text>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.</text>
  </paragraph>
  <paragraph num="C.">
    <text>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.</text>
  </paragraph>
</regulation>