(A) Each license issued hereunder shall terminate on April 30 following the issuance thereof. Any licensee may renew its license at the expiration thereof; provided that, it is then qualified to receive a license, and the premises for which the renewal license is sought are suitable for the purpose, and provided further that the renewal privilege herein provided for shall not be construed as a vested right which shall in any case prevent the Board of Trustees from decreasing or limiting the number of classes of licenses to be issued within the village.
(B) A negotiable instrument received as payment for a license fee, transfer fee, late fee, offer in compromise, pre-disciplinary conference settlement or fine imposed by order that is dishonored on presentation shall not be considered payment and shall be cause for disciplinary action.
(235 ILCS 5/6-1)
Statutory reference:
License term; renewal, see 235 ILCS 5/6-1 et seq.