Maryland Insurance Section 15-10B-10

      (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.