Section 1-206 - Late fees. - Maryland Statutes

§ 1-206. Late fees.
 

(a)  Imposition.- A person who must have a license issued by the Department under this article but does not get the license on time shall pay, in addition to the required license fee, a late fee. 

(b)  Amount.- The late fee shall be the sum of: 

(1) up to 20% of the required license fee for the calendar month following the calendar month when the required license fee is due; and 

(2) up to 4% of the required license fee for each calendar month or part of a month after that. 
 

[1992, ch. 4, § 3.]