Maryland Statutes

§ 15-10B-10

Maryland·Article gin Insurance·Title 15
(a)A certificate expires on the second anniversary of its effective date unless the certificate is renewed for a 2-year term as provided in this section.
(b)Before the certificate expires, a certificate may be renewed for an additional 2-year term if the applicant:
(1)otherwise is entitled to the certificate;
(2)pays to the Commissioner the renewal fee set by the Commissioner through regulation; and
(3)submits to the Commissioner:
(i)a renewal application on the form that the Commissioner requires; and
(ii)satisfactory evidence of compliance with any requirement under this subtitle for certificate renewal.
(c)If the requirements of this section are met, the Commissioner shall renew a certificate.

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