Each license holder shall be required to renew his license biennially; as a condition precedent to biennial renewal, the license holder shall pay a biennial renewal fee and, in the case of a salesperson or manufacturer's or distributor's representative, he must be presently employed with a dealer, manufacturer or distributor which has a current license. The license holder shall comply with all requirements as set forth through regulation by the board.
63 P.S. § 818.304