§ 15-10B-10
113 words·~1 min read·
/md/insurance/15-10b-10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§15–10B–10.
(a)A certificate expires on the second anniversary of its effective date unless the certificate is renewed for a 2-year term as provided in this section.
(b)Before the certificate expires, a certificate may be renewed for an additional 2-year term if the applicant:
(1)otherwise is entitled to the certificate;
(2)pays to the Commissioner the renewal fee set by the Commissioner through regulation; and
(3)submits to the Commissioner:
(i)a renewal application on the form that the Commissioner requires; and
(ii)satisfactory evidence of compliance with any requirement under this subtitle for certificate renewal.
(c)If the requirements of this section are met, the Commissioner shall renew a certificate.