1. (a) A registration expires on the first August 31 after its effective date unless it is renewed as provided in this section.

2. (b) At least 1 month before a registration expires, the Commissioner shall send to the licensee, at the last known address of the licensee or electronic mail address of the licensee on record a notice that states:

   1. (1) the process for renewing the registration;
   2. (2) the date by which the Commissioner must receive the renewal application; and
   3. (3) the amount of the renewal fee.

3. (c) Before a registration expires, the licensee may renew the registration of a representative for an additional 1-year term if:

   1. (1) the representative otherwise is entitled to a registration;

   2. (2) the licensee files with the Commissioner a renewal application:

      1. (i) on the form that the Commissioner provides; or
      2. (ii) in an electronic format that the Commissioner approves; and
   3. (3) the licensee pays to the Commissioner a registration renewal fee of $2.
4. (d) The Commissioner shall renew the registration of a representative if the licensee and representative meet the requirements of this section.

Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997. Amended by Acts 2016, c. 84, § 1, eff. Jan. 1, 2017.

Formerly Art. 48B, § 8.