Section 24-1408 - Refund of license fees(a) If a license holder voluntarily surrenders the license before its expiration date, the Board shall grant a refund:(1) based on the number of whole months remaining before the license expiration date; and(2) calculated as 1/12 of 95% of the license fee paid for each whole month remaining before the license expiration date.(b) A refund shall be paid not later than 3 weeks after the license is surrendered to the Board.Added by 2016 Md. Laws, Ch. 41, Sec. 2, eff. 7/1/2016.