Md. Code, Financial Institutions § 12–1009

(a) A registration issued under this subtitle expires on December 31 of each year.

(b) On or after November 1 of the year in which a registration expires, the registration may be renewed for an additional 1–year term if the registrant:

(1) Otherwise is entitled to be registered;

(2) Pays to the Commissioner the renewal fee established under § 12–1006 of this subtitle;

(3) Submits to the Commissioner a renewal application on the form that the Commissioner requires; and

(4) Pays to NMLS any fees that NMLS imposes in connection with the renewal of the registration.