(a) A registration expires at the end of every other year on the anniversary of the registration 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; and
(3) pays to the Commissioner a renewal fee of $50.
(c) An application for renewal of a registration shall be considered made in a timely manner if it is postmarked on or before the anniversary date of the registration of the year of renewal.
Structure Maryland Statutes
Title 8 - Entities That Act as Insurers
Subtitle 6 - Viatical Settlement Providers and Viatical Settlement Brokers
Section 8-603 - Registration of Providers
Section 8-604 - Application; Fee
Section 8-605 - Representation of Viator; Viator Status Not Limited to Owner or Holder of Policy
Section 8-605.1 - Duties of Viatical Settlement Brokers
Section 8-607 - Expiration of Registration
Section 8-608 - Registration -- Denial, Nonrenewal, Suspension, Revocation
Section 8-609 - Penalties; Restitution
Section 8-610.1 - Verification of Coverage for Life Insurance Policies
Section 8-611 - Statement Required in Contracts and Applications