Plain Text Law

§ 8–205

Statutes in effect as of October 1, 2026.

Md. Code Ann., Ins. § 8-205 (2026)
Title 8. Entities That Act as Insurers
Subtitle 2. Managing General Agents

§ 8–205Copy Citation

(a)
A certificate of qualification expires on the first June 30 after its effective date unless it is renewed as provided in this section.
(b)
Before a certificate of qualification expires, the holder of the certificate of qualification may renew it for an additional 1-year term, if the holder:
(1)
otherwise is entitled to a certificate of qualification; and
(2)
pays to the Commissioner the renewal fee required by § 2-112 of this article.
(c)
The Commissioner shall renew the certificate of qualification of each holder who meets the requirements of this section.