(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, or send by electronic means in accordance with § 2–116 of this article: (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 § 2-112 of this article. (d) The Commissioner shall renew the license of each licensee who meets the requirements of this section.
Maryland Legal Code