Mont. Code Ann. § 50-57-206
License expiration -- nontransferability
50-57-206 . License expiration -- nontransferability. (1) Except as provided in subsection (2), licenses expire on December 31 of the year in which they are issued unless canceled for cause.
(2) If the board of review adopts a renewal date for licenses under this chapter, the licenses expire on the anniversary date established by rule by the board of review.
(3) Licenses are not transferable.