(a)
- (1) Rig permits shall expire on July 31 each year.
- (2) The contractor must renew the rig permit annually by applying for the renewal no later than thirty (30) days after the expiration date.
- (b) Late fee. After August 31 of each year, the Arkansas Natural Resources Commission shall not renew a rig permit unless the application, applicable fee, and a late penalty of twenty-five dollars ($25.00) are submitted.