Ch. 656                                    1997 LAWS OF MARYLAND

(b)     At least 1 month before a certificate of qualification expires, the
Commissioner shall mail to the holder of the certificate of qualification, at the last known
address of the holder:

(1)     a renewal application form; and

(2)     a notice that states:

(i) the date by which the Commissioner must receive the renewal
application for the renewal to be issued and mailed before the certificate of qualification
expires; and

(ii) the amount of the renewal fee.

(c)     Before a certificate of qualification expires, the holder periodically may renew
it for an additional 2-year term, if the holder:

(1)     otherwise is entitled to a certificate of qualification;

(2)     submits to the Commissioner a renewal application on the form that the

Commissioner provides;

(3)     pays to the Commissioner the renewal fee required by § 2-112 of this
article; and

(4)     complies with the bond requirement of § 3-313 of this subtitle.

(D) AN APPLICATION FOR RENEWAL OF A CERTIFICATE OF QUALIFICATION
SHALL BE CONSIDERED MADE IN A TIMELY MANNER IF IT IS POSTMARKED ON OR
BEFORE JUNE 30 OF THE YEAR OF RENEWAL.

(d)    (E) The Commissioner shall renew the certificate of qualification of each
holder who meets the requirements of this section.

3-316.1.

(A)    ON OR BEFORE SEPTEMBER 30 OF THE RENEWAL YEAR, A PERSON WHOSE
SURPLUS LINES BROKER'S CERTIFICATE OF QUALIFICATION HAS EXPIRED MAY
REINSTATE THE EXPIRED CERTIFICATE OF QUALIFICATION BY:

(1)     HUNG WITH THE COMMISSIONER THE APPROPRIATE

REINSTATEMENT APPLICATION;

(2)      PAYING TO THE COMMISSIONER THE APPLICABLE REINSTATEMENT
FEE REQUIRED UNDER SUBSECTION (B) OF THIS SECTION; AND

(3)     COMPLYING WITH THE BOND REQUIREMENT OF § 3-313 OF THIS
SUBTITLE.

(B)     (1) THE FEE FOR A REINSTATEMENT UNDER THIS SECTION SHALL BE
TWICE:

(I) THE AMOUNT CHARGED FOR A FULL RENEWAL PERIOD FOR
THE TYPE OF CERTIFICATE OF QUALIFICATION HELD BY THE PERSON SEEKING THE
REINSTATEMENT; AND

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