Section 50-53-204 - License expiration - nontransferability(1) A license issued under part 1 and this part expires on December 31 of the year of issuance unless it is suspended or canceled by the department before that date.(2) A license issued under part 1 and this part is not transferable.En. Sec. 9, Ch. 708, L. 1991; amd. Sec. 221, Ch. 42, L. 1997.