(a)    By regulation, the Secretary shall stagger the terms of the licenses.

(b)    Unless a license is renewed for a 3–year term as provided in this section, the license expires on the day that the Secretary sets.

(c)    At least 1 month before a license expires, the Secretary shall mail or electronically transmit to the licensee:

(1)    a renewal application form; and

(2)    a notice that states:

(i)    the date on which the current license expires;

(ii)    that the Secretary must receive the renewal application and the statements required under § 13–309 of this subtitle, at least 15 days before the license expiration date, for the renewal to be issued and mailed before the license expires;

(iii)    the amount of the renewal fee;

(iv)    that, if the statements required under § 13–309 of this subtitle are not received at least 15 days before the license expiration date, a fee of $10 per day shall be charged against the licensee until the statements are received; and

(v)    that the submission of a false statement in the renewal application or in the annual statements is cause for revocation of the license.

(d)    A licensee periodically may renew the license for an additional 3–year term, if the licensee:

(1)    otherwise is entitled to be licensed;

(2)    pays to the Secretary:

(i)    a renewal fee of:

1.    $200, if the licensee is an individual; or

2.    $400, if the licensee is a firm; and

(ii)    any late fee required under § 13–309 of this subtitle; and

(3)    submits to the Secretary:

(i)    a renewal application on the form that the Secretary provides; and

(ii)    the statements required under § 13–309 of this subtitle.

(e)    The Secretary shall renew the license of each licensee who meets the requirements of this section.