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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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BUSINESS REGULATION |
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TITLE 7. COLLECTION AGENCIES |
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SUBTITLE 3. LICENSES |
§ 7-306. Term of license
Latest version.
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(a) Expiration. --
(1) A license issued on or before September 30, 1997, expires on December 31 of the year in which it was issued.
(2) A license issued on or after October 1, 1997, expires on December 31 in each odd-numbered year after December 31, 1997.
(b) Staggered basis of expiration. -- The Secretary may determine that licenses issued under this subtitle shall expire on a staggered basis.
HISTORY: An. Code 1957, art. 56, § 328; 1992, ch. 4, § 2; 1993, ch. 5, § 1; 1997, ch. 22; 2005, ch. 25, § 1.