<?xml version='1.0' encoding='utf-8'?>
<section article="gin" article_name="Insurance" number="10-211" title_number="10" title_name="Regulation of Insurance Professions" subtitle_number="2" subtitle_name="Advisers">
  <level label="a">
    <text>A license expires every other year on the date stated on the license unless renewed as provided in this section.</text>
  </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>Before a license expires, the holder of the license periodically 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>pays to the Commissioner the renewal fee required by § 2–112 of this article;</text>
    </level>
    <level label="4">
      <text>is in compliance with the bond requirement of § 10–206 of this subtitle; and</text>
    </level>
    <level label="5">
      <text>if the Commissioner determines that an examination is advisable to determine the trustworthiness or competence of a holder, passes an examination given by the Commissioner.</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 or 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 files an application for renewal before the license expires, the license shall remain in effect until:</text>
      <level label="i">
        <text>the Commissioner issues a renewal license; or</text>
      </level>
      <level label="ii">
        <text>5 days after the Commissioner refuses to renew the license and gives notice of the refusal to the holder.</text>
      </level>
    </level>
  </level>
  <level label="g">
    <text>The Commissioner may adopt regulations to carry out this section.</text>
  </level>
</section>
