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§ 26-305. Expiration and renewal of registration

West's Annotated Code of MarylandInsuranceEffective: January 1, 2017

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 26. Motor Clubs
Subtitle 3. Representatives (Refs & Annos)
Effective: January 1, 2017
MD Code, Insurance, § 26-305
§ 26-305. Expiration and renewal of registration
Currentness
Expiration date
(a) A registration expires on the first August 31 after its effective date unless it is renewed as provided in this section.
Renewal notice
(b) At least 1 month before a registration expires, the Commissioner shall send to the licensee, at the last known address of the licensee or electronic mail address of the licensee on record a notice that states:
(1) the process for renewing the registration;
(2) the date by which the Commissioner must receive the renewal application; and
(3) the amount of the renewal fee.
Renewal of registration
(c) Before a registration expires, the licensee may renew the registration of a representative for an additional 1-year term if:
(1) the representative otherwise is entitled to a registration;
(2) the licensee files with the Commissioner a renewal application:
(i) on the form that the Commissioner provides; or
(ii) in an electronic format that the Commissioner approves; and
(3) the licensee pays to the Commissioner a registration renewal fee of $2.
Duty of Commissioner to renew registration for qualified representatives
(d) The Commissioner shall renew the registration of a representative if the licensee and representative meet the requirements of this section.

Credits

Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997. Amended by Acts 2016, c. 84, § 1, eff. Jan. 1, 2017.
Formerly Art. 48B, § 8.
MD Code, Insurance, § 26-305, MD INSURANCE § 26-305
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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