Md. Code, Insurance § 15-10B-10
This is the official text of Md. Code, Insurance § 15-10B-10, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§15–10B–10.
Official statutory text
(a) A certificate expires on the second anniversary of its effective date unless the certificate is renewed for a 2-year term as provided in this section.
(b) Before the certificate expires, a certificate may be renewed for an additional 2-year term if the applicant:
(1) otherwise is entitled to the certificate;
(2) pays to the Commissioner the renewal fee set by the Commissioner through regulation; and
(3) submits to the Commissioner:
(i) a renewal application on the form that the Commissioner requires; and
(ii) satisfactory evidence of compliance with any requirement under this subtitle for certificate renewal.
(c) If the requirements of this section are met, the Commissioner shall renew a certificate.
(b) Before the certificate expires, a certificate may be renewed for an additional 2-year term if the applicant:
(1) otherwise is entitled to the certificate;
(2) pays to the Commissioner the renewal fee set by the Commissioner through regulation; and
(3) submits to the Commissioner:
(i) a renewal application on the form that the Commissioner requires; and
(ii) satisfactory evidence of compliance with any requirement under this subtitle for certificate renewal.
(c) If the requirements of this section are met, the Commissioner shall renew a certificate.
Status: in_force · Read it on the official government site
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