Section 15-204 - License fees. - Maryland Statutes

§ 15-204. License fees.
 

(a)  Annual fee required.- Each licensee shall pay an annual fee to the Administration for each license year or part of a license year for which the license is issued. 

(b)  Amount of fee - Manufacturers or distributors.- The annual license fee for a manufacturer or a distributor shall be established by the Administration based on the combined number of new motor vehicles, new two-stage vehicles, and truck component parts transferred by the manufacturer or distributor to dealers in this State during the preceding license year. 

(c)  Amount of fee - Factory branches.- The annual license fee for a factory branch shall be established by the Administration. 
 

[An. Code 1957, art. 661/2, § 5-704; 1977, ch. 14, § 2; 1979, ch. 299; 1984, ch. 255; 1991, 1st Sp. Sess., ch. 2; 1995, ch. 629.]