Md. Code Regs. 31.03.11.05

Current through Register Vol. 51, No. 24, December 2, 2024

Section 31.03.11.05 - Issuance, Term, and Renewal of Limited Lines License

A. Issuance. The Commissioner shall issue a limited lines license to each applicant who meets the requirements of Regulation .04 of this chapter and Insurance Article, §§ 10-603 and 10-604, Annotated Code of Maryland.

B. Term and Renewal. A limited lines license expires every other year on the anniversary date of the issuance of the license unless renewed as provided in Insurance Article, § 10-115, Annotated Code of Maryland.