The required amount of a bond, letter of credit, or trust account established to meet the requirements of Financial Institutions Article, §11-508, Annotated Code of Maryland, shall be subject to recalculation at the time a license is renewed. Restitution awarded and to be paid from a letter of credit or trust account shall be paid as follows: Awards resulting from individual complaints shall be paid in the order in which they are received by the Commissioner; Awards resulting from an examination by the Commissioner that will exceed the total available under the letter of credit or trust account shall be paid on a pro rata basis; Claims against a letter of credit or trust account shall be filed by a claimant with the Commissioner within 3 years after the occurrence from which the claim arises; and Notwithstanding §C(1) of this regulation, if the aggregate amount of all pending claims exceeds the amount of the letter of credit or trust account, the Commissioner may require a prorated distribution. The Commissioner may require part or all of the funds in a letter of credit or trust account to remain on deposit if: There are unresolved pending claims against the account or letter of credit, which were timely filed; and The amount required by the Commissioner to be maintained is reasonably calculated to cover the payment of those claims. Claims against a bond, letter of credit, or trust account may not include: Attorneys' fees; Damages for personal injury; or Punitive damages. A surety under a bond issued under Financial Institutions Article, §11-508, Annotated Code of Maryland, shall: Pay directly to a claimant any meritorious claim; and Immediately notify the Commissioner when it pays a claim to a claimant.