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Maryland Code, Business Regulation § 13-103

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) On or before July 1 of each year, each trading stamp company shall:

(1) submit to the Secretary of State:

(i) a statement of registration;

(ii) samples of its current trading stamps, trading stamp collection books, trading stamp redemption catalogues, and trading stamp distribution and redemption agreement forms;

(iii) a short form of its balance sheet for its last fiscal year, certified by an independent certified public accountant; and

(iv) a bond in accordance with § 13-104 of this title; and

(2) pay to the Secretary of State a fee of $25.

(b) The statement of registration shall include:

(1) the name and principal address of the trading stamp company;

(2) the state of its incorporation;

(3) the names and addresses of its principal officers, partners, or owners;

(4) the address of its principal office in the State;

(5) the name and address of its principal officer, employee, or agent in the State;

(6) the address of each place in the State where trading stamps will be redeemed; and

(7) the gross income of the trading stamp company from its trading stamp business in the State for its last fiscal year, certified by an independent certified public accountant, unless it submits the maximum bond under § 13-104 of this title.

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Cite this article: FindLaw.com - Maryland Code, Business Regulation § 13-103 - last updated January 01, 2025 | https://codes.findlaw.com/md/business-regulation/md-code-bus-reg-sect-13-103/

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