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Code · Maryland · Insurance

§ 8-308

143 words·~1 min read·/md/insurance/8-308

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§8–308.
(a)A registration expires 2 years from the date of issuance unless it is renewed as provided in this section.
(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.
(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.
(d)The Commissioner shall renew the registration of each registrant that meets the requirements of this section.
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