§ 26-305
179 words·~1 min read·
/md/insurance/26-305A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§26–305.
(a)A registration expires on the first August 31 after its effective date unless it is renewed as provided in this section.
(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.
(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.
(d)The Commissioner shall renew the registration of a representative if the licensee and representative meet the requirements of this section.