Md. Code, Business Regulation § 1-206
This is the official text of Md. Code, Business Regulation § 1-206, part of Maryland’s Code, Business Regulation — governs general business licensing and regulation.
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§1–206.
Official statutory text
(a) A person who must have a license issued by the Department under this article but does not get the license on time shall pay, in addition to the required license fee, a late fee.
(b) The late fee shall be the sum of:
(1) up to 20% of the required license fee for the calendar month following the calendar month when the required license fee is due; and
(2) up to 4% of the required license fee for each calendar month or part of a month after that.
(b) The late fee shall be the sum of:
(1) up to 20% of the required license fee for the calendar month following the calendar month when the required license fee is due; and
(2) up to 4% of the required license fee for each calendar month or part of a month after that.
Status: in_force · Read it on the official government site
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