Plain Text Law

§ 23–205

Statutes in effect as of October 1, 2026.

Md. Code Ann., Ins. § 23-205 (2026)
Title 23. Premium Financing
Subtitle 2. Registration

§ 23–205Copy Citation

(a)
A registration expires on the first July 1 after its effective date unless it is renewed as provided in this section.
(b)
Before a registration expires, the registrant may renew it for an additional 1-year term if the registrant:
(1)
files with the Commissioner:
(i)
a renewal application on the form that the Commissioner requires;
(ii)
in the case of a corporation or limited liability company, a certificate of good standing issued by the State Department of Assessments and Taxation; and
(iii)
evidence of compliance with § 23-202 of this subtitle; and
(2)
pays to the Commissioner a renewal fee of $50.
(c)
The Commissioner shall renew the registration of each registrant that meets the requirements of this section.