§ 7-409. Term and renewal of license.

(a) Term of license.

Unless sooner suspended or revoked, a license expires annually on the anniversary of its effective date.

(b) Application for renewal.

Before a license expires, the licensee periodically may renew the license for an additional 1-year term, if the licensee:

(1) otherwise is entitled to a license;

(2) submits a renewal application to the Commissioner, in the form that the Commissioner requires; and

(3) pays the applicable renewal fee.