Section 8-303 - Registration required.
§ 8-303. Registration required.
(a) In general.- A person must register with the Commissioner before the person acts as or represents itself as an administrator in the State.
(b) Administrators of ERISA plans.- 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.
[An. Code 1957, art. 48A, §§ 682, 696; 1995, ch. 36.]