<?xml version='1.0' encoding='utf-8'?>
<section article="gin" article_name="Insurance" number="10-115" title_number="10" title_name="Regulation of Insurance Professions" subtitle_number="1" subtitle_name="Insurance Producers">
  <level label="a">
    <level label="1">
      <text>Licenses expire every other year on the date stated on the license unless renewed as provided in this section.</text>
    </level>
    <level label="2">
      <text>If a license expires under paragraph (1) of this subsection, the appointments held by the insurance producer shall be terminated as of the day of the expiration of the license.</text>
    </level>
  </level>
  <level label="b">
    <text>At least 1 month before a license expires, the Commissioner shall send to the holder of the license, at the last known address or electronic mail address of the holder on record a notice that states:</text>
    <level label="1">
      <text>the process for renewing the license;</text>
    </level>
    <level label="2">
      <text>the date by which the Commissioner must receive the renewal application; and</text>
    </level>
    <level label="3">
      <text>the amount of the renewal fee.</text>
    </level>
  </level>
  <level label="c">
    <text>Subject to subsection (g) of this section, before a license expires, the holder of the license may renew it for an additional 2–year term, if the holder:</text>
    <level label="1">
      <text>otherwise is entitled to a license;</text>
    </level>
    <level label="2">
      <text>files with the Commissioner a renewal application:</text>
      <level label="i">
        <text>on the form that the Commissioner provides; or</text>
      </level>
      <level label="ii">
        <text>in an electronic format that the Commissioner approves;</text>
      </level>
    </level>
    <level label="3">
      <text>completes the continuing education requirements established under § 10–116 of this subtitle; and</text>
    </level>
    <level label="4">
      <text>pays to the Commissioner the renewal fee required by § 2–112 of this article.</text>
    </level>
  </level>
  <level label="d">
    <text>A license renewed under this section shall have an expiration date that is the last day of the month in which the holder of the license was born.</text>
  </level>
  <level label="e">
    <level label="1">
      <text>If mailed, an application for renewal of a license shall be considered made in a timely manner if it is postmarked on or before the expiration date of the license.</text>
    </level>
    <level label="2">
      <text>If submitted electronically, an application for renewal of a license shall be considered made in a timely manner if, on or before the expiration date of the license, the application:</text>
      <level label="i">
        <text>is addressed properly or otherwise directed properly to an information processing system that the Administration has designated or uses for the purpose of receiving electronic applications and from which the Administration is able to retrieve the application;</text>
      </level>
      <level label="ii">
        <text>is in a form capable of being processed by that system; and</text>
      </level>
      <level label="iii">
        <level label="1">
          <text>enters an information processing system outside the control of the sender or of a person that sent the electronic application on behalf of the sender; or</text>
        </level>
        <level label="2">
          <text>enters a region of the information processing system designated or used by the Administration that is under the control of the Administration or an agent of the Administration.</text>
        </level>
      </level>
    </level>
  </level>
  <level label="f">
    <level label="1">
      <text>The Commissioner shall renew the license of each holder who meets the requirements of this section.</text>
    </level>
    <level label="2">
      <text>If the holder of a license complies with subsections (b) and (c) of this section before the license expires, the license remains in effect until the decision of the Commissioner regarding the application for renewal is final.</text>
    </level>
  </level>
  <level label="g">
    <level label="1">
      <text>A license is considered renewed for purposes of this subsection if the license is issued to a person for the period immediately following a period for which the person previously possessed the same or a substantially similar license.</text>
    </level>
    <level label="2">
      <text>Before a license may be renewed under this section, the Commissioner shall verify through the Office of the Comptroller that the applicant has paid all undisputed taxes and unemployment insurance contributions payable to the Comptroller or the Secretary of Labor or that the applicant has provided for payment in a manner satisfactory to the unit responsible for collection.</text>
    </level>
  </level>
  <level label="h">
    <text>The Commissioner may adopt regulations to:</text>
    <level label="1">
      <text>carry out this section; and</text>
    </level>
    <level label="2">
      <text>develop a staggered system of renewals for licenses of insurance producers.</text>
    </level>
  </level>
</section>
