{"data":{"id":"us-md/md.-code-insurance-26-206","jurisdiction":"us-md","citation":"Md. Code, Insurance § 26–206","heading":"","body":"(a) A license expires on the first December 31 after its effective date unless it is renewed as provided in this section.\n(b) At least 1 month before a license expires, the Commissioner shall send to the licensee, at the last known address of the licensee or electronic mail address of the holder on record a notice that states:\n(1) the process for renewing the license;\n(2) the date by which the Commissioner must receive the renewal application; and\n(3) the amount of the renewal fee.\n(c) Before a license expires, the licensee may renew it for an additional 1–year term if the holder:\n(1) otherwise is entitled to a license;\n(2) files with the Commissioner a renewal application:\n(i) on the form that the Commissioner provides; or\n(ii) in an electronic format that the Commissioner approves;\n(3) files with the Commissioner the fees to be charged to members;\n(4) provides a financial statement as required under § 26–203(c)(3) of this subtitle; and\n(5) pays to the Commissioner a renewal fee of $100.\n(d) The Commissioner shall renew the license of each licensee that meets the requirements of this section.","path":["Article - Insurance"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin\u0026section=26-206","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:28Z","sha256":"739c8f1967c144cfd515a268edfbfcaea594e3537cdc568cfa4e09d0a4d99897","source_id":"us-md","stale":false,"prev":"us-md/md.-code-insurance-26-205","next":"us-md/md.-code-insurance-26-207"},"notice":"GroundRules: Original legal text. Not legal advice."}