2006 Code of Virginia § 46.2-1521 - Issuance, expiration, and renewal of licenses and certificates of registration

46.2-1521. Issuance, expiration, and renewal of licenses and certificatesof registration.

A. All licenses and certificates of registration issued under this chaptershall be issued for a period of 12 consecutive months except, at thediscretion of the Board, the periods may be adjusted as is necessary todistribute the licenses and certificates as equally as practicable on amonthly basis. The expiration date shall be the last day of the twelfth monthof validity or the last day of the designated month. Every license andcertificate of registration shall be renewed annually on application by thelicensee or registrant and by payment of fees required by law, the renewal totake effect on the first day of the succeeding month.

B. Licenses and certificates of registration issued under this chapter shallbe deemed not to have expired if the renewal application and required fees asset forth in this subsection are received by the Board or postmarked not morethan 30 days after the expiration date of such license or certificate ofregistration. Whenever the renewal application is received by the Board orpostmarked no more than 30 days after the expiration date of such license orcertificate of registration, the license fees shall be 150 percent of thefees provided for in 46.2-1519.

C. For dealers and salespersons who have served outside of the United Statesin the armed services of the United States, licenses and certificates issuedunder this chapter shall be deemed not to have expired if the renewalapplication and required fees as set forth in 46.2-1519 are received by theBoard or postmarked not more than 60 days from the date they are no longerserving outside the United States and they have:

1. Held a valid license or certificate issued by the Board at the time theperson began service in the armed forces outside of the United States;

2. Not performed sales activities during the period of the person's militaryservice; and

3. Submitted to the Board orders or other military documentationdemonstrating that they have served outside of the United States in the armedservices of the United States and it has been less than 61 days from the datethey are no longer serving outside the United States.

Prior to renewing a license or certificate under this subsection, theapplicant shall notify the Board of their intentions and verify that they arein compliance with all other requirements established by the Board and setforth in this title.

D. The Board may offer an optional multiyear license. When such option isoffered and chosen by the licensee, all annual and 12-month fees due at thetime of licensing shall be multiplied by the number of years or fractionthereof for which the license will be issued.

(1988, c. 865, 46.1-525.012; 1989, c. 727; 1990, c. 197; 1995, cc. 767,816; 1997, c. 848; 1998, c. 325; 2004, c. 975.)