Maryland Statutes
Subtitle 14 - Applications for Licenses
Section 24-1408 - Refund of License Fees

(a)    If a license holder voluntarily surrenders the license before its expiration date, the Board shall grant a refund:
        (1)    based on the number of whole months remaining before the license expiration date; and
        (2)    calculated as 1/12 of 95% of the license fee paid for each whole month remaining before the license expiration date.
    (b)    A refund shall be paid not later than 3 weeks after the license is surrendered to the Board.

Structure Maryland Statutes