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§ 11-506. Filing fee

MD Corp & Assn Code § 11-506 (2019) (N/A)
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(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)    Except as provided in paragraph (2) of this subsection, 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 filing in accordance with the exemption granted under § 11–601(16) of this title shall pay a fee of $100 for each filing.

(3)    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:

(i)    A fee of $100 for each filing; and

(ii)    An additional fee of $150 for each filing made after the filing due date.

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(1)    An application to register securities is withdrawn before the effective date;

(2)    A notice of the offer or sale of a federal covered security is withdrawn; or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

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