Maryland HB968 amends the Maryland Securities Act to adjust filing fees for securities applications and notices.
Maryland HB968 modifies the Maryland Securities Act by setting new filing fees for securities applications and notices. It mandates a fee of 0.1 percent of the maximum aggregate offering price for securities applications, with a minimum of $500 and a maximum of $1,500. For filings under exemptions, a fee of $250 is required, with an additional $150 fee for each subsequent filing after the due date. The bill also specifies a $250 fee for notices of offer or sale of federal covered securities, with an additional $150 fee for each filing made after the due date.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.