(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.
Structure Maryland Statutes
Business Occupations and Professions
Title 1 - Definitions; General Provisions
Subtitle 2 - General Provisions
Section 1-202 - Compliance With Maryland Workers' Compensation Act
Section 1-203 - Local Licenses, Fees, or Taxes
Section 1-204 - Payment of Taxes and Unemployment Insurance Contributions; Verification
Section 1-205 - Notice of Issuance of Licenses, Certificates, and Permits
Section 1-207 - Proration of Certain License Fees
Section 1-208 - Suspension of License Upon Dishonor of Fee Paid