All licenses issued by the Board shall expire on the 31st day of December of each year. The Board shall issue a renewal for such license without further examination upon the payment of a renewal fee as required by Section 396.4 of this title. A funeral director or embalmer who fails to apply for a renewal license for a period of three (3) years or more, shall be reinstated by taking a written and oral examination, as required by the Board, and by paying a fee of Twenty-five Dollars ($25.00) and the current years' dues.

Laws 1941, HB 73, p. 237, § 6, emerg. eff. May 20, 1941; Amended by Laws 1965, HB 923, c. 374, § 1, emerg. eff. June 28, 1965; Amended by Laws 1983, HB 1174, c. 163, § 3.