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.]