(a) By regulation, the Secretary shall stagger the terms of the licenses.
(b) Unless a license is renewed for a 3–year term as provided in this section, the license expires on the day that the Secretary sets.
(c) At least 1 month before a license expires, the Secretary shall electronically transmit to the licensee a notice that states:
(1) the date on which the current license expires;
(2) that the Secretary must receive the renewal application and the statements required under § 13–309 of this subtitle, at least 15 days before the license expiration date, for the renewal to be issued and mailed before the license expires;
(3) the amount of the renewal fee;
(4) that, if the statements required under § 13–309 of this subtitle are not received at least 15 days before the license expiration date, a fee of $10 per day shall be charged against the licensee until the statements are received; and
(5) that the submission of a false statement in the renewal application or in the annual statements is cause for revocation of the license.
(d) A licensee periodically may renew the license for an additional 3–year term, if the licensee:
(1) otherwise is entitled to be licensed;
(2) pays to the Secretary in a method approved by the Secretary:
(i) a renewal fee of:
1. $200, if the licensee is an individual; or
2. $400, if the licensee is a firm; and
(ii) any late fee required under § 13–309 of this subtitle; and
(3) submits to the Secretary:
(i) a renewal application in the manner and format designated by the Secretary; and
(ii) the statements required under § 13–309 of this subtitle.
(e) The Secretary shall renew the license of each licensee who meets the requirements of this section.