# Financial Institutions (GFI)

## Title 12. Miscellaneous Institutions and Activities

### Subtitle 10. Maryland Debt Settlement Services Act

#### Section 12-1009

(a) A registration issued under this subtitle expires on December 31 of each year.

(b) On or after November 1 of the year in which a registration expires, the registration may be renewed for an additional 1-year term if the registrant:

  (1) Otherwise is entitled to be registered;

  (2) Pays to the Commissioner the renewal fee established under Sec. 12-1006 of this subtitle;

  (3) Submits to the Commissioner a renewal application on the form that the Commissioner requires; and

  (4) Pays to NMLS any fees that NMLS imposes in connection with the renewal of the registration.

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Md. Code Ann., Fin. Inst. (as displayed at mgaleg.maryland.gov, October 16, 2026)