6-1256. Annual renewal of
license


A. On or before June 30 of each year, an applicant for licensure renewal shall:


1. File with the superintendent a financial statement prepared according to
generally accepted accounting principles for the twelve month period ending the previous
December 31.


2. Make a renewal application to the department on forms prescribed by the
superintendent and:


(a) Pay the fees prescribed in section 6-126.


(b) Include information to assist the superintendent in determining whether the
applicant is in default of or in violation of this chapter and whether the applicant
meets the requirements of this chapter.


B. If the renewal applicant is unable to make a financial statement at the time the
applicant files the renewal application, the applicant may make a written request for an
extension of time to file the financial statement. If the superintendent grants the
extension the applicant shall file a financial statement within thirty days after the
superintendent issues the renewal license.


C. On application to the superintendent each year pursuant to subsection A of this
section, the superintendent shall issue the renewal license on August 1 of each year.