# COMAR 02.02.03.11: COMAR 02.02.03.11. Initial and Renewal Registration as Issuer Agent

> Maryland · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_02_02_03_11

## Section

- **Citation:** COMAR 02.02.03.11
- **Heading:** COMAR 02.02.03.11. Initial and Renewal Registration as Issuer Agent
- **Jurisdiction:** Maryland
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Code of Maryland Regulations / Title 02 OFFICE OF THE ATTORNEY GENERAL / Subtitle 02 DIVISION OF SECURITIES / Chapter 03 Registration Regulations / COMAR 02.02.03.11

## Text

A. Definitions.
(1) For purposes of this regulation, the following terms have the meanings indicated.
(2) Terms Defined.
(a) “Agent” has the same meaning as set forth in the Maryland Securities Act, Corporations and Associations Article, §11-101(b), Annotated Code of Maryland .
(b) “Issuer agent” means an agent, other than a broker-dealer agent, who represents an issuer in effecting or attempting to effect the purchase or sale of securities.
B. Initial Registration. An applicant for initial registration as an issuer agent shall file with the Commissioner:
(1) An application upon Form U-4 (Uniform Application for Securities Industry Registration or Transfer);
(2) A statement or certificate demonstrating that the applicant has satisfied the examination requirement of §C of this regulation ; and
(3) The fee required by the Maryland Securities Act, Corporations and Associations Article, §11-407(a)(2), Annotated Code of Maryland .
C. Examination Requirement. An applicant for initial registration as an issuer agent shall have passed, with a score of 70 percent or better, the Series 63 examination administered by the NASD unless:
(1) The applicant effects transactions exclusively in securities exempt under the Maryland Securities Act, Corporations and Associations Article, §11-601 ; or
(2) Based upon the applicant's education, experience, or duties, the Commissioner waives the examination requirement.
D. Renewal Registration. An applicant for renewal registration as an issuer agent shall file with the Commissioner:
(1) An application on the form entitled Maryland Application for Renewal of Registration as an Issuer Agent; and
(2) The fee required by the Maryland Securities Act, Corporations and Associations Article, §11-407(a)(2) .
Cross References 02.02.03.12G(2)(b)

## Nearby sections

- [COMAR 02.02.03.01 COMAR 02.02.03.01. Prospectus](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_02_02_03_01.md)
- [COMAR 02.02.03.02 COMAR 02.02.03.02. Acceptability of Uniform Forms in Registration by Coordination](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_02_02_03_02.md)
- [COMAR 02.02.03.04 COMAR 02.02.03.04. Quarterly Reports on Registered Securities](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_02_02_03_04.md)
- [COMAR 02.02.03.05 COMAR 02.02.03.05. Financial Statements Filed As Part of Registration Statements for Registration of Securities by Qualification Notification](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_02_02_03_05.md)
- [COMAR 02.02.03.06 COMAR 02.02.03.06. Escrow Requirements](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_02_02_03_06.md)
- [COMAR 02.02.03.07 COMAR 02.02.03.07. Registration by Coordination of Shelf Registrations Pursuant to SEC Rule 415](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_02_02_03_07.md)
- [COMAR 02.02.03.08 COMAR 02.02.03.08. Filing of Sales and Advertising Literature](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_02_02_03_08.md)
- [COMAR 02.02.03.09 COMAR 02.02.03.09. Procedure for Renewal of Registration Statement](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_02_02_03_09.md)
- [COMAR 02.02.03.10 COMAR 02.02.03.10. Registration of Securities of Investment Companies](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_02_02_03_10.md)
- [COMAR 02.02.03.11 COMAR 02.02.03.11. Initial and Renewal Registration as Issuer Agent](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_02_02_03_11.md)
- [COMAR 02.02.03.12 COMAR 02.02.03.12. Small Corporate Offering Registration](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_02_02_03_12.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_02_02_03_11. Check the current official text before relying on it. Not legal advice.