(a) A license issued under this chapter expires on the earlier of:
- (1) December 31 of the year the license is issued; or
- (2) the death or dissolution of the license holder.
- (b) A registration certificate issued under this chapter expires on the first anniversary of the date of issuance.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.