2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 12-912 - Expiration and renewal of license
§12-912.
(a) A license issued under this subtitle expires on December 31 of each odd-numbered year unless it is renewed for a 2-year term as provided in subsection (b) of this section.
(b) On or before December 1 of the year of expiration, a license may be renewed for a 2-year term if the licensee:
(1) Otherwise is entitled to be licensed;
(2) Pays to the Commissioner the renewal fee established under § 12-904 of this subtitle;
(3) Files with the Commissioner a surety bond renewal certificate or a new surety bond required under § 12-914 of this subtitle; and
(4) Submits to the Commissioner a renewal application on the form that the Commissioner requires.
(c) The Commissioner may determine that licenses issued under this subtitle shall expire on a staggered basis.
Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
