Maryland Statutes
§ 15-204
(a)Each licensee shall pay an annual fee to the Administration for each license year or part of a license year for which the license is issued.
(b)The annual license fee for a manufacturer or a distributor shall be established by the Administration based on the combined number of new motor vehicles, new two-stage vehicles, and truck component parts transferred by the manufacturer or distributor to dealers in this State during the preceding license year.
(c)The annual license fee for a factory branch shall be established by the Administration.
Free access — add to your briefcase to read the full text and ask questions with AI
Maryland § 15-204 — published by Counsel Stack Legal Research, free access to 12M+ legal documents.