20-109. Existing licenses
A. The expiration dates of certificates of authority and licenses in force immediately prior to January 1, 1955 and lawfully existing under any law repealed by Laws 1954, chapter 64, article 29, are extended as follows:
1. Licenses or certificates of authority of insurers shall expire on April 1, 1955.
2. Licenses or certificates of authority of agents, brokers and solicitors shall expire at midnight on June 30, 1955.
B. Any such expired license or certificate may be renewed, and shall be subject to suspension or revocation, as though originally issued under this title.