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Maryland Insurance Section 8-303

Article - Insurance

§ 8-303.

      (a)      A person must register with the Commissioner before the person acts as or represents itself as an administrator in the State.

      (b)      A person that would be an administrator subject to this subtitle but for the exemption under § 8-301(b)(2)(iv) of this subtitle shall provide to the Commissioner:

            (1)      written notice that the person operates in the State; and

            (2)      evidence satisfactory to the Commissioner that the person is complying with any applicable bonding requirements imposed by ERISA.