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§ 8-308. Expiration and renewal of registration

West's Annotated Code of MarylandInsuranceEffective: October 1, 2020

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 8. Entities that Act as Insurers
Subtitle 3. Third Party Administrators (Refs & Annos)
Effective: October 1, 2020
MD Code, Insurance, § 8-308
§ 8-308. Expiration and renewal of registration
Currentness
Expiration date
(a) A registration expires 2 years from the date of issuance 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;
(3) pays to the Commissioner a renewal fee of $50; and
(4) except as provided in § 8-306(d) of this subtitle, files with the Commissioner evidence of a bond in compliance with § 8-306 of this subtitle.
Timeliness of application
(c) An application for renewal of a registration shall be considered made in a timely manner if it is postmarked on or before the date the registration expires.
Duty of Commissioner to renew registration of qualified registrants
(d) The Commissioner shall renew the registration of each registrant that meets the requirements of this section.

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 1997, c. 70, § 7, eff. Oct. 1, 1997; Acts 1997, c. 656, § 6, eff. Oct. 1, 1997; Acts 2020, c. 522, § 1, eff. Oct. 1, 2020.
Formerly Art. 48A, §§ 684, 685.
MD Code, Insurance, § 8-308, MD INSURANCE § 8-308
Current with legislation effective through October 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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