Md. Code Ann., Ins. § 8-509
Redline — January 1, 2020 → current.View current text →
Current — January 1, 2022
As of January 1, 2020
(a) A license expires on the first July 1 after its effective date and in an odd-numbered year, unless it is renewed for a 2-year term as provided in this section.
(a) A license expires on the first July 1 after its effective date and in an odd-numbered year, unless it is renewed for a 2-year term as provided in this section.
(b) At least 1 month before a license expires, the Commissioner shall mail to the licensee, at the last known address of the licensee: (1) a renewal application form; and (2) a notice that states: (i) the date by which the Commissioner must receive the renewal application for the renewal to be issued and mailed before the license expires; and (ii) the amount of the renewal fee.
(b) At least 1 month before a license expires, the Commissioner shall mail to the licensee, at the last known address of the licensee, or send by electronic means in accordance with § 2–116 of this article: (1) a renewal application form; and (2) a notice that states: (i) the date by which the Commissioner must receive the renewal application for the renewal to be issued and mailed before the license expires; and (ii) the amount of the renewal fee.
(c) Before a license expires, the licensee may renew it for an additional 2-year term, if the licensee:
(1) otherwise is entitled to be licensed;
(2) files with the Commissioner a renewal application on the form that the Commissioner provides; and
(3) pays to the Commissioner the applicable renewal fee for an insurance producer under § 2-112 of this article.
(c) Before a license expires, the licensee may renew it for an additional 2-year term, if the licensee:
(1) otherwise is entitled to be licensed;
(2) files with the Commissioner a renewal application on the form that the Commissioner provides; and
(3) pays to the Commissioner the applicable renewal fee for an insurance producer under § 2-112 of this article.
(d) The Commissioner shall renew the license of each licensee who meets the requirements of this section.
(d) The Commissioner shall renew the license of each licensee who meets the requirements of this section.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.