There is a newer version of the Maryland Code
Maryland Business Occupations and Professions Section 1-206
§ 1-206.
  (a)   A person who must have a license issued by the Department under this article but does not get the license on time shall pay, in addition to the required license fee, a late fee.
  (b)   The late fee shall be the sum of:
    (1)   up to 20% of the required license fee for the calendar month following the calendar month when the required license fee is due; and
    (2)   up to 4% of the required license fee for each calendar month or part of a month after that.
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