Section 8-509 - Term and renewal of license(a) A license expires on the first July 1 after its effective date and in an odd-numbered year, unless it is renewed for a 2-year term as provided in this section.(b) At least 1 month before a license expires, the Commissioner shall mail to the licensee, at the last known address of the licensee, or send by electronic means in accordance with § 2-116 of this article: (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 license expires; and(ii) the amount of the renewal fee.(c) Before a license expires, the licensee may renew it for an additional 2-year term, if the licensee: (1) otherwise is entitled to be licensed;(2) files with the Commissioner a renewal application on the form that the Commissioner provides; and(3) pays to the Commissioner the applicable renewal fee for an insurance producer under § 2-112 of this article.(d) The Commissioner shall renew the license of each licensee who meets the requirements of this section.Amended by 2021 Md. Laws, Ch. 105,Sec. 1, eff. 10/1/2021.