License expiration -- nontransferability

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50-53-204. License expiration -- nontransferability. (1) A license issued under part 1 and this part expires on December 31 of the year of issuance unless it is suspended or canceled by the department before that date.

(2) A license issued under part 1 and this part is not transferable.

History: En. Sec. 9, Ch. 708, L. 1991; amd. Sec. 221, Ch. 42, L. 1997.


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