Maryland § 8-404
Full text of Maryland Maryland Code § 8-404, with citation guidance and answers to common questions.
§ 8-404.
(a) Before the Commission issues a contractor license, the contractor shall pay a fee of $100 to be credited to the Fund.
(b) (1) If the Commission finds that, because of pending claims, the amount of the Fund may fall below $1,000,000, the Commission shall assess each contractor a fee of $50.
(2) However, under this subsection the Commission may not assess a contractor more than $150 in a calendar year.
(c) If a contractor fails to pay an assessment within 60 days after notice of the assessment, the contractor license is suspended until the assessment is paid.
Frequently Asked Questions About Maryland § 8-404
What does Maryland Code § 8-404 cover?
Section 8-404 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 § 8-404?
A common citation format is "Maryland Code § 8-404" (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 § 8-404 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.