§ 15-10B-10. Certificates -- Expiration; renewal

MD Ins Code § 15-10B-10 (2019) (N/A)
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(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.