The commissioner of the department responsible for issuing any license required under Title 4 may renew any license at the beginning of a new license period upon proper application and payment of the required fee. Prior to renewal, all licensees and substantial owners shall provide the applicable commissioner with any new information necessary to make the information provided in the initial license application current and accurate. All license renewal applications filed after the expiration date of the license shall be charged a late license fee in the amount of 25 percent of the amount of the annual license fee, but in no event less than $25.00. Renewal may be denied, and a new license application may be required, if the licensee fails to apply for renewal within three months after the expiration date of the license.
(Added Coun. J. 5-9-12, p. 27485, § 14)