§26–305.

    (a)    A registration expires on the first August 31 after its effective date unless it is renewed as provided in this section.

    (b)    At least 1 month before a registration expires, the Commissioner shall send to the licensee, at the last known address of the licensee or electronic mail address of the licensee on record a notice that states:

        (1)    the process for renewing the registration;

        (2)    the date by which the Commissioner must receive the renewal application; and

        (3)    the amount of the renewal fee.

    (c)    Before a registration expires, the licensee may renew the registration of a representative for an additional 1–year term if:

        (1)    the representative otherwise is entitled to a registration;

        (2)    the licensee files with the Commissioner a renewal application:

            (i)    on the form that the Commissioner provides; or

            (ii)    in an electronic format that the Commissioner approves; and

        (3)    the licensee pays to the Commissioner a registration renewal fee of $2.

    (d)    The Commissioner shall renew the registration of a representative if the licensee and representative meet the requirements of this section.