Expiration And Renewal Of Licenses

Each direct shipper permit will expire twelve (12) months after the date of issuance. It is the responsibility of the direct shipper licensee to submit a complete application and payment of the annual license fee prior to the expiration of the license. The expiration date printed on the license serves as notice of the need to seek the renewal of the license by such expiration date, and no additional notice is required. Direct shipper licenses will be closed on the business day after expiration if both an application and a license fee have not been received. If the Commission receives an application and license fee prior to the expiration date, the closing of the license will be tolled, and the license will remain valid until the Commission reviews the application. The Commission will approve and renew or otherwise close the expired license for which renewal is sought no more than 45 days after its expiration date. Licenses that the Commission does not renew will be closed and void after those 45 days regardless of the date of closure.