Current as of: 2010
(a) A license expires on the first July 1 after its effective date and in an odd-numbered year, unless it is renewed for a 2-year term as provided in this section.(b) At least 1 month before a license expires, the Commissioner shall mail to the licensee, at the last known address of the licensee: (1) a renewal application form; and (2) a notice that states: (i) the date by which the Commissioner must receive the renewal application for the renewal to be issued and mailed before the license expires; and (ii) the amount of the renewal fee. (c) Before a license expires, the licensee may renew it for an additional 2-year term, if the licensee: (1) otherwise is entitled to be licensed; (2) files with the Commissioner a renewal application on the form that the Commissioner provides; and (3) pays to the Commissioner the applicable renewal fee for an insurance producer under ยง 2-112 of this article. (d) The Commissioner shall renew the license of each licensee who meets the requirements of this section. Prev | Next________________________________________________________________________
Questions & Answers: InsuranceSee also: U.S. Code Provisions: InsuranceFederal Regulations: Insurance
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