(a)    A license expires on the first December 31 after its effective date unless it is renewed as provided in this section.
    (b)    At least 1 month before a license expires, the Commissioner shall send to the licensee, at the last known address of the licensee or electronic mail address of the holder on record a notice that states:
        (1)    the process for renewing the license;
        (2)    the date by which the Commissioner must receive the renewal application; and
        (3)    the amount of the renewal fee.
    (c)    Before a license expires, the licensee may renew it for an additional 1–year term if the holder:
        (1)    otherwise is entitled to a license;
        (2)    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;
        (3)    files with the Commissioner the fees to be charged to members;
        (4)    provides a financial statement as required under § 26–203(c)(3) of this subtitle; and
        (5)    pays to the Commissioner a renewal fee of $100.
    (d)    The Commissioner shall renew the license of each licensee that meets the requirements of this section.
Structure Maryland Statutes
Section 26-201 - License Required
Section 26-202 - Capital and Surplus Requirements
Section 26-203 - Applications for Initial License
Section 26-204 - Evidence of Security
Section 26-205 - Issuance or Disapproval of License
Section 26-206 - Term and Renewal of License
Section 26-207 - Service of Process