Each license issued under this chapter expires on the following December thirty-first. Each application for renewal must be submitted to the board during the month of December and must be accompanied by a renewal fee. The board shall promulgate rules, in accordance with chapter 1-26, to establish the amount of the fee, which may not exceed three hundred fifty dollars.

Source: SDC 1939, § 27.1407; SL 1939, ch 102 , § 5; SL 1951, ch 132 , § 2; SL 1963, ch 154 , § 6; revised pursuant to SL 1972, ch 15 , §§ 3, 4; SL 1977, ch 300 , § 7; SL 1991, ch 311 , § 6; SL 2007, ch 220 , § 4; SL 2008, ch 191 , § 38; SL 2023, ch 137 , § 18; SL 2025, ch 160 , § 3.