Maryland Public Safety Section 5-111

      (a)      Unless a dealer's license is renewed for a 1-year term as provided in this section, a dealer's license expires on the first June 30 after its effective date.

      (b)      (1)      Before a dealer's license expires, the licensee periodically may renew it for an additional 1-year term, if the licensee:

                  (i)      is otherwise entitled to be licensed;

                  (ii)      pays to the Secretary a renewal fee of $25, payable to the Comptroller; and

                  (iii)      submits to the Secretary a renewal application on the form that the Secretary provides.

            (2)      A refund or proration of the renewal fee is prohibited.