PARRIS N. GLENDENING, Governor

Ch. 656

(II) 1. $25 FOR REINSTATEMENT DURING THE PERIOD FROM
JULY 1 THROUGH JULY 31;

2.       $50 FOR REINSTATEMENT DURING THE PERIOD FROM
AUGUST 1 THROUGH AUGUST 31; AND

3.       $75 FOR REINSTATEMENT DURING THE PERIOD FROM
SEPTEMBER 1 THROUGH SEPTEMBER 30.

(2) THE COMMISSIONER MAY LIMIT THE REINSTATEMENT FEE TO THE
AMOUNT OF THE RENEWAL FEE IN CASES WHERE THE REINSTATEMENT APPLICANT
DID NOT MAKE TIMELY RENEWAL BECAUSE OF TEMPORARY INCAPACITY.
HOSPITALIZATION, OR OTHER HARDSHIP.

(C)     A PERSON WHOSE SURPLUS LINES BROKER'S CERTIFICATE OF
QUALIFICATION HAS EXPIRED MAY NOT ACT IS PROHIBITED FROM ACTING AS A
SURPLUS LINES BROKER UNTIL THE EFFECTIVE DATE OF REINSTATEMENT OF THE
CERTIFICATE OF QUALIFICATION.

(D)    A PERSON WHO DOES NOT COMPLY WITH SUBSECTION (A) OF THIS
SECTION ON OR BEFORE THE END OF SEPTEMBER 30 OF THE YEAR OF EXPIRATION
SHALL APPLY FOR A SURPLUS LINES BROKER'S CERTIFICATE OF QUALIFICATION
UNDER § 3-312 OF THIS SUBTITLE AND MEET ANY OTHER REQUIREMENTS SPECIFIED
BY THE COMMISSIONER IN REGULATION.

(E)     THE COMMISSIONER MAY ADOPT REGULATIONS TO CARRY OUT THIS
SECTION.

8-308.

(a)     A registration expires [on the first May 1 after its effective date ] AT THE
END OF EVERY OTHER JUNE 30 unless it is renewed as provided in this section.

(b)     Before a registration expires, the registrant may renew it for an additional
[1-year] 2-YEAR term, if the registrant:

(1)     otherwise is entitled to be registered;

(2)     files with the Commissioner a renewal application on the form that the
Commissioner requires;

(3)     pays to the Commissioner a renewal fee of [ $25] $50; and

(4)     except as provided in § 8-306(d) of this subtitle, file with the
Commissioner evidence of a bond in compliance with § 8-306 of this subtitle.

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

(e) (D) The Commissioner shall renew the registration of each registrant that
meets the requirements of this section.

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