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§ 23-205. Expiration and renewal of registration

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 23. Premium Financing
Subtitle 2. Registration (Refs & Annos)
MD Code, Insurance, § 23-205
§ 23-205. Expiration and renewal of registration
Expiration date
(a) A registration expires on the first July 1 after its effective date unless it is renewed as provided in this section.
Renewal of registration
(b) Before a registration expires, the registrant may renew it for an additional 1-year term if the registrant:
(1) files with the Commissioner:
(i) a renewal application on the form that the Commissioner requires;
(ii) in the case of a corporation or limited liability company, a certificate of good standing issued by the State Department of Assessments and Taxation; and
(iii) evidence of compliance with § 23-202 of this subtitle; and
(2) pays to the Commissioner a renewal fee of $50.
Duty of Commissioner to renew registration
(c) The Commissioner shall renew the registration of each registrant that meets the requirements of this section.

Credits

Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997. Amended by Acts 1997, c. 708, § 1, eff. Oct. 1, 1997; Acts 2006, c. 194, § 1, eff. Oct. 1, 2006.
Formerly Art. 48A, § 486B.
MD Code, Insurance, § 23-205, MD INSURANCE § 23-205
Current through all legislation from the 2022 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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