Section 9-323 - Term of license and exemption certificate.
§ 9-323. Term of license and exemption certificate.
(a) In general.- Except as provided in subsection (b) of this section, a license or an exemption certificate expires on the first May 31 after its effective date.
(b) Class "G-Temporary" license.- A Class "G-Temporary" license expires on the earlier of:
(1) termination of the contract for which the license was issued; or
(2) the first May 31 after its effective date.
[An. Code 1957, art. 56, § 140; 1988, ch. 2, § 1.]