Sec. 4. Every license, unless previously revoked, shall remain in force until one (1) year after its issue, and every employment agency shall, upon payment of the amount of the license fee required, and the filing of a new bond, have issued to it a license for the ensuing year, unless the department of state revenue then gives written notice to the agency:
(1) that it intends to refuse to renew the license for reasons stated in this chapter; and
(2) that the license will remain in effect pending an appeal, if any, under IC 4-21.5.
Formerly: Acts 1927, c.25, s.4. As amended by P.L.35-1983, SEC.4; P.L.7-1987, SEC.122.