1. (1) Before May 31 of each year, the department shall mail a renewal application and bond form to each licensed agent.

2. (2) By July 10 of each year, each licensed agent shall submit to the department the following:

   1. (a) The completed renewal application.
   2. (b) Required surety bond.
   3. (c) Balance of unpaid license fees for previous license year, if any.
   4. (d) The minimum license fee for the next year.
   5. (e) Applicant fee schedule.
3. (3) A license may be withheld until all of the information under sub. (2) is furnished and may be suspended if the license fee is not paid.
4. (4) Each license shall expire annually on June 30 of each year or the date stated thereon.
5. (5) When a licensee has made a timely and sufficient application for the renewal of their license, the existing license remains in effect until the renewal application has been finally acted upon by the department.

History

History: Cr. Register, July, 1970, No. 175, eff. 8-1-70; r. and recr. (6), Register, June, 1985, No. 354, eff. 7-1-85; r. (2) (f), Register, April, 1991, No. 424, eff. 5-1-91.