(a) A license expires on the June 30 after its effective date, unless the license is renewed for a 1–year term as provided in this section.
(b) Before his license expires, a licensee periodically may renew his license for additional 1–year terms, if the licensee:
(1) Otherwise is entitled to be licensed;
(2) Pays to the Board a renewal fee of $125; and
(3) Submits to the Board a renewal application on the form that it requires.
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