State Codes and Statutes

Statutes > Maryland > Insurance > Title-10 > Subtitle-2 > 10-211

§ 10-211. Term and renewal of license.
 

(a)  Term of license.- A license expires at the end of every other June 30 unless it is renewed for a 2-year term as provided in this section. 

(b)  Renewal notice.- At least 1 month before a license expires, the Commissioner shall mail to the holder of the license, at the last known address of the holder: 

(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)  Application for renewal.- Before a license expires, the holder of the license periodically may renew it for an additional 2-year term, if the holder: 

(1) otherwise is entitled to a license; 

(2) files with the Commissioner a renewal application on the form that the Commissioner provides; 

(3) pays to the Commissioner the renewal fee required by § 2-112 of this article; 

(4) is in compliance with the bond requirement of § 10-206 of this subtitle; and 

(5) if the Commissioner determines that an examination is advisable to determine the trustworthiness or competence of a holder, passes an examination given by the Commissioner. 

(d)  Application considered timely.- An application for renewal of a license shall be considered made in a timely manner if it is postmarked on or before June 30 of the year of renewal. 

(e)  Issuance of renewal; effect of filing application.-  

(1) The Commissioner shall renew the license of each holder who meets the requirements of this section. 

(2) If the holder of a license files an application for renewal before the license expires, the license shall remain in effect until: 

(i) the Commissioner issues a renewal license; or 

(ii) 5 days after the Commissioner refuses to renew the license and gives notice of the refusal to the holder. 
 

[An. Code 1957, art. 48A, §§ 182, 182.1; 1995, ch. 36; 1996, ch. 271, § 2; ch. 369, § 2; 1997, ch. 656, § 6; 2004, ch. 25.] 
 

State Codes and Statutes

Statutes > Maryland > Insurance > Title-10 > Subtitle-2 > 10-211

§ 10-211. Term and renewal of license.
 

(a)  Term of license.- A license expires at the end of every other June 30 unless it is renewed for a 2-year term as provided in this section. 

(b)  Renewal notice.- At least 1 month before a license expires, the Commissioner shall mail to the holder of the license, at the last known address of the holder: 

(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)  Application for renewal.- Before a license expires, the holder of the license periodically may renew it for an additional 2-year term, if the holder: 

(1) otherwise is entitled to a license; 

(2) files with the Commissioner a renewal application on the form that the Commissioner provides; 

(3) pays to the Commissioner the renewal fee required by § 2-112 of this article; 

(4) is in compliance with the bond requirement of § 10-206 of this subtitle; and 

(5) if the Commissioner determines that an examination is advisable to determine the trustworthiness or competence of a holder, passes an examination given by the Commissioner. 

(d)  Application considered timely.- An application for renewal of a license shall be considered made in a timely manner if it is postmarked on or before June 30 of the year of renewal. 

(e)  Issuance of renewal; effect of filing application.-  

(1) The Commissioner shall renew the license of each holder who meets the requirements of this section. 

(2) If the holder of a license files an application for renewal before the license expires, the license shall remain in effect until: 

(i) the Commissioner issues a renewal license; or 

(ii) 5 days after the Commissioner refuses to renew the license and gives notice of the refusal to the holder. 
 

[An. Code 1957, art. 48A, §§ 182, 182.1; 1995, ch. 36; 1996, ch. 271, § 2; ch. 369, § 2; 1997, ch. 656, § 6; 2004, ch. 25.] 
 


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Insurance > Title-10 > Subtitle-2 > 10-211

§ 10-211. Term and renewal of license.
 

(a)  Term of license.- A license expires at the end of every other June 30 unless it is renewed for a 2-year term as provided in this section. 

(b)  Renewal notice.- At least 1 month before a license expires, the Commissioner shall mail to the holder of the license, at the last known address of the holder: 

(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)  Application for renewal.- Before a license expires, the holder of the license periodically may renew it for an additional 2-year term, if the holder: 

(1) otherwise is entitled to a license; 

(2) files with the Commissioner a renewal application on the form that the Commissioner provides; 

(3) pays to the Commissioner the renewal fee required by § 2-112 of this article; 

(4) is in compliance with the bond requirement of § 10-206 of this subtitle; and 

(5) if the Commissioner determines that an examination is advisable to determine the trustworthiness or competence of a holder, passes an examination given by the Commissioner. 

(d)  Application considered timely.- An application for renewal of a license shall be considered made in a timely manner if it is postmarked on or before June 30 of the year of renewal. 

(e)  Issuance of renewal; effect of filing application.-  

(1) The Commissioner shall renew the license of each holder who meets the requirements of this section. 

(2) If the holder of a license files an application for renewal before the license expires, the license shall remain in effect until: 

(i) the Commissioner issues a renewal license; or 

(ii) 5 days after the Commissioner refuses to renew the license and gives notice of the refusal to the holder. 
 

[An. Code 1957, art. 48A, §§ 182, 182.1; 1995, ch. 36; 1996, ch. 271, § 2; ch. 369, § 2; 1997, ch. 656, § 6; 2004, ch. 25.]