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2013 Maryland Code
CORPORATIONS AND ASSOCIATIONS
§ 11-508 - Effective period of registration statement; withdrawal of registration statement; abandonment of registration statement


MD Corp & Assn Code § 11-508 (2013) What's This?

§11-508.

(a) A registration statement remains effective for 1 year after its effective date unless the Commissioner by rule or order extends the period of effectiveness. A registration statement is not effective while a stop order is in effect under §§ 11-511 through 11-513 of this subtitle.

(b) A registration statement may be withdrawn only in the discretion of the Commissioner.

(c) A registration statement that has not been made effective within 1 year from the date of initial filing may be deemed abandoned by the Commissioner.

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