Section 10.12.050   Expiration--Proration.
   All motor vehicle licenses provided for in this chapter shall expire on December 31 st following the date of issue. When a license is issued prior to July 1st in any current year, the full annual fee shall be paid; when a license is issued on or after July 1 st of any current year, the fee to be paid shall be one-half of the annual license fee.
(Prior code § 42.05)