Unannotated Code of Maryland (Last Updated: May 16, 2014) |
INSURANCE |
TITLE 8. ENTITIES THAT ACT AS INSURERS |
SUBTITLE 6. VIATICAL SETTLEMENT PROVIDERS AND VIATICAL SETTLEMENT BROKERS |
§ 8-607. Expiration of registration
Latest version.
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(a) In general. -- A registration expires at the end of every other year on the anniversary of the registration unless it is renewed as provided in this section.
(b) Renewal. -- Before a registration expires, the registrant may renew it for an additional 2-year term, if the registrant:
(1) otherwise is entitled to be registered;
(2) files with the Commissioner a renewal application on the form that the Commissioner requires; and
(3) pays to the Commissioner a renewal fee of $ 50.
(c) Renewal -- Timeliness. -- An application for renewal of a registration shall be considered made in a timely manner if it is postmarked on or before the anniversary date of the registration of the year of renewal.