§12–1009.

    (a)    A registration issued under this subtitle expires on December 31 of each year.

    (b)    On or after November 1 of the year in which a registration expires, the registration may be renewed for an additional 1–year term if the registrant:

        (1)    Otherwise is entitled to be registered;

        (2)    Pays to the Commissioner the renewal fee established under § 12–1006 of this subtitle;

        (3)    Submits to the Commissioner a renewal application on the form that the Commissioner requires; and

        (4)    Pays to NMLS any fees that NMLS imposes in connection with the renewal of the registration.