Section 2-112 - Fees.
§ 2-112. Fees.
(a) In general.- Fees for the following certificates, licenses, and services shall be collected in advance by the Commissioner, and shall be paid by the appropriate persons to the Commissioner:
(1) fees for certificates of authority:
(i) application fee for initial certificate of authority, including filing the application, articles of incorporation and other charter documents, except as provided in item (2) of this subsection, bylaws, financial statement, examination report, power of attorney to the Commissioner, and all other documents and filings in connection with the
application ...........................................................$1,000
(ii) fee for initial certificate of authority .......................$200
(iii) fee for annual renewal of certificate of authority for all foreign insurers and for domestic insurers with their home or executive office in the
State ...................................................................$500
(iv) fee for annual renewal of certificate of authority for domestic insurers with their home or executive office outside the State, except those domestic insurers that had their home or executive office outside the State before January 1, 1929:
1. with premiums written in the most recent calendar year not exceeding
$500,000 ..............................................................$2,500
2. with premiums written in the most recent calendar year not exceeding
$1,000,000 ............................................................$5,000
3. with premiums written in the most recent calendar year not exceeding
$2,000,000 ............................................................$7,000
4. with premiums written in the most recent calendar year not exceeding
$5,000,000 ............................................................$9,000
5. with premiums written in the most recent calendar year of more than
$5,000,000 ...........................................................$11,000
(v) reinstatement of certificate of authority .......................$500
(2) fees for articles of incorporation of a domestic insurer or foreign insurer, exclusive of fees required to be paid to the Department of Assessments and Taxation:
(i) fee for filing the articles of incorporation with the Commissioner
for approval .............................................................$25
(ii) fee for amendment of the articles of incorporation ..............$10
(3) fees for filing bylaws or amendments to bylaws with the Commissioner ..........................................................................$10
(4) fees for certificates of qualification:
(i) application fee ..................................................$25
(ii) managing general agent certificate of qualification:
1. fee for initial certificate ......................................$30
2. annual renewal fee ...............................................$30
(iii) surplus lines broker certificate of qualification:
1. fee for initial certificate within 1 year of renewal ............$100
2. fee for initial certificate over 1 year from renewal ............$100
3. biennial renewal fee ............................................$200
(5) fee for temporary insurance producer licenses and appointments ....$27
(6) fees for licenses:
(i) public adjuster license:
1. fee for initial license within 1 year of renewal .................$25
2. fee for initial license over 1 year from renewal .................$50
3. biennial renewal fee .............................................$50
(ii) adviser license:
1. fee for initial license within 1 year of renewal ................$100
2. fee for initial license over 1 year from renewal ................$200
3. biennial renewal fee ............................................$200
(iii) insurance producer license:
1. fee for initial license ..........................................$54
2. biennial renewal fee .............................................$54
(iv) application fee .................................................$25
(7) fee for each insurance vending machine license, for each machine,
every second year ........................................................$50
(8) fees for filing the annual statement by an unauthorized insurer applying for approval to become an accepted insurer or applying for approval
to become an accepted reinsurer or surplus lines carrier or both ......$1,000
(9) fees for required filings, including form and rate filings, under Title 11, Subtitles 2 through 4, Title 26, and §§ 12-203, 13-110, 14-126, and
27-613 of this article ..................................................$125
(10) service of legal process fee under §§ 3-318(b), 3-319(d), and 4-107
of this article ..........................................................$15
(b) Reimbursement for service of process fee.- A court may award reimbursement of a service of process fee imposed under subsection (a)(10) of this section to a prevailing plaintiff in any proceeding against an insurer or surplus lines broker.
[An. Code 1957, art. 48A, §§ 41, 41B; 1995, ch. 36; 1996, ch. 10, § 21; ch. 60; ch. 189, §§ 2, 4; ch. 271, §§ 2, 4; 1997, ch. 70, §§ 1, 2; ch. 685, § 3; 1998, ch. 774, § 5; 1999, ch. 34, § 1; 2001, ch. 731, § 1; 2002, ch. 19, § 9; ch. 317, § 2; 2003, ch. 21, § 1; ch. 35, § 1; 2005, ch. 38; 2006, ch. 44, § 5.]