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§ 14-604. Expiration and renewal of registration

West's Annotated Code of MarylandInsuranceEffective: October 1, 2007

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 14. Entities that Act as Health Insurers
Subtitle 6. Discount Medical Plan Organizations and Discount Drug Plan Organizations (Refs & Annos)
Effective: October 1, 2007
MD Code, Insurance, § 14-604
§ 14-604. Expiration and renewal of registration
Currentness
Expiration date
(a) A registration expires on the second June 30 following the registration 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 2-year term, if the registrant:
(1) otherwise is entitled to be registered;
(2) files with the Commissioner a renewal application on the form that the Commissioner requires; and
(3) pays to the Commissioner a renewal fee of $150.
Timeliness of application for renewal
(c) An application for renewal of a registration shall be considered made in a timely manner if it is postmarked on or before June 30 of the year of renewal.
Duty of Commissioner to renew registration of qualified applicants
(d) Subject to the provisions of § 14-605 of this subtitle, the Commissioner shall renew the registration of each registrant that meets the requirements of this section.
List of persons authorized to sell, market, or solicit discount medical or drug plans
(e)(1) A registrant shall file annually with the Commissioner a current list of the persons authorized to sell, market, or solicit in the State a discount medical plan or discount drug plan established by the registrant.
(2) A registrant shall provide the Commissioner an additional list on request.
(3) A registrant may file the list required under this subsection electronically, in a format prescribed by the Commissioner.

Credits

Added by Acts 2007, c. 629, § 1, eff. Oct. 1, 2007.
MD Code, Insurance, § 14-604, MD INSURANCE § 14-604
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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