§ 5-5.1-12 - Renewal of licenses.

SECTION 5-5.1-12

   § 5-5.1-12  Renewal of licenses. – Each license shall expire two (2) years after its date of issuance. Subject tothe power of the attorney general to deny, revoke, or suspend a license, anylicense shall be renewable by the attorney general for the next two (2) yearperiod upon proper application for renewal payment of license fees. Anapplication for renewal of a license must be received by the attorney generalon a form provided by him or her not less than thirty (30) days prior to theexpiration date of the license. He or she shall promptly notify the licensee ofhis or her intent to refuse to renew the license. The licensee may, in fifteen(15) days after receipt of that notice of intent to refuse to renew a licenserequest a hearing on the refusal in the manner prescribed by § 5-5.1-11. Alicensee shall be permitted to continue to engage in business while its renewalapplication is pending. Upon renewal of any license the attorney general shallissue a renewal license.