§ 1-206
90 words·~1 min read·
/md/business-regulation/1-206A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§1–206.
(a)A person who must have a license issued by the Department under this article but does not get the license on time shall pay, in addition to the required license fee, a late fee.
(b)The late fee shall be the sum of:
(1)up to 20% of the required license fee for the calendar month following the calendar month when the required license fee is due; and
(2)up to 4% of the required license fee for each calendar month or part of a month after that.