Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 31. Maryland Insurance Administration |
Subtitle 03. INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS |
Chapter 31.03.09. Staggered System for Renewal of Licenses |
Sec. 31.03.09.03. Term and Renewal of Licenses
Latest version.
-
A. Term. The term of a license is 2 years from the date of issuance.
B. Renewal. The Administration shall renew licenses for a term of 2 years from the date of renewal unless the Administration changes the expiration date under Regulation .02B(3) of this chapter.