Maryland § 3-316.1
Full text of Maryland Maryland Code § 3-316.1, with citation guidance and answers to common questions.
§ 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) filing 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:
(i) the amount charged for a full renewal period for the type of certificate of qualification held by the person seeking the reinstatement; and
(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 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 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.
Frequently Asked Questions About Maryland § 3-316.1
What does Maryland Code § 3-316.1 cover?
Section 3-316.1 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 3-316.1?
A common citation format is "Maryland Code § 3-316.1" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 3-316.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.