SEC. 50-151. EXPIRATION AND RENEWAL OF CERTIFICATE OF REGISTRATION.

   (a)   A certificate of registration expires on the earlier of:

      (1)   one year after the date of issuance; or

      (2)   if the certificate of registration is held by a credit access business, on the date of expiration, revocation, or other termination of the credit access business's state license.

   (b)   A certificate of registration may be renewed by making application in accordance with Section 50-149. A registrant shall apply for renewal at least 30 days before the expiration of the registration. (Ord. Nos. 28287; 31747)