5 Del. C. § 2310: Renewal of license [For application of this section, see 85 Del. Laws, c. 338, § 3].

(a) A license under this chapter must be renewed annually. The annual renewal fee is $230 plus $4.60 for each location in this State of the offices of the applicant’s authorized delegates, in excess of 1, subject to the following:

(1) The fee must be paid no more than 60 days before the license expires.

(2) A renewal term is for a period of 1 year, beginning on January 1 and expiring on December 31 of the same year.

(b) A licensee shall submit a renewal application with the renewal fee, in a form and in a medium prescribed by the Commissioner. The renewal application must state or contain a description of each material change in information submitted by the licensee in its original license application which has not been reported to the Commissioner.

(c) The Commissioner may treat a renewal application as a new application if the Commissioner does not receive the application at least 30 days before the license expires.

(d) The Commissioner may grant an extension of a renewal date if the Commissioner finds good cause.

(e) The Commissioner may deny a license renewal if the licensee fails to comply with a supervisory directive.

(f) The Commissioner may use NMLS to process license renewals.