Maryland Corporations and Associations Section 11-506

      (a)      Except as provided in § 11-510.1 of this subtitle, a person filing an application to register securities shall pay a fee of 0.1 percent of the maximum aggregate offering price at which the securities are to be offered in this State, but the fee may not be less than $500 or more than $1,500.

      (b)      (1)      A person required to submit a filing in accordance with an exemption granted under this title shall pay a fee of $400 for each filing.

            (2)      A person required to submit a notice of the offer or sale of federal covered securities under § 11-503.1(c) of this subtitle shall pay a fee of $100 for each filing.

      (c)      The Commissioner shall retain the fee, if:

            (1)      An application to register securities is withdrawn before the effective date;

            (2)      A notice of the offer or sale of a federal covered security is withdrawn; or

            (3)      A preeffective stop order is entered under §§ 11-511 through 11-513 of this subtitle.