<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".06" citation="COMAR 31.16.03.06" title_num="31" subtitle_num="16" chapter_num="03" heading="Annual Reports.">
  <paragraph num="A.">
    <text>Filing. Each title insurer or title insurance producer who maintains a separate MAHT account shall file an annual report with the Commissioner and MAHT.</text>
  </paragraph>
  <paragraph num="B.">
    <text>Forms. The annual report shall be prepared on a form approved by the Commissioner and shall include the following information:</text>
    <paragraph num="(1)">
      <text>A list of all MAHT accounts and other bank accounts maintained by the title insurer or title insurance producer in which trust money was deposited at any time during the year, which list shall include the:</text>
      <paragraph num="(a)">
        <text>Name of the account holder;</text>
      </paragraph>
      <paragraph num="(b)">
        <text>Names of all persons who have access to the account;</text>
      </paragraph>
      <paragraph num="(c)">
        <text>Financial institution in which the account is maintained;</text>
      </paragraph>
      <paragraph num="(d)">
        <text>Account number; and</text>
      </paragraph>
      <paragraph num="(e)">
        <text>Purpose of the account;</text>
      </paragraph>
    </paragraph>
    <paragraph num="(2)">
      <text>Gross and net interest earned on each account;</text>
    </paragraph>
    <paragraph num="(3)">
      <text>A list of the types and amounts charged for services provided to each account, together with the total amount charged for services for each account; and</text>
    </paragraph>
    <paragraph num="(4)">
      <text>Any other information the Commissioner considers necessary.</text>
    </paragraph>
  </paragraph>
  <paragraph num="C.">
    <text>Date of Filing. A title insurer or title insurance producer shall file the annual report with the Commissioner and MAHT on or before March 31 for the immediately preceding year ending December 31.</text>
  </paragraph>
</regulation>