§ 2114-3. Proration.

Latest version.

When an applicant for a license or the renewal of a license required by this Chapter has not engaged in business until after the expiration of the first quarter of the current license year, the license or renewal fee for the current license year shall be prorated by quarters and the fee paid for each remaining quarter or quarters except there shall be no proration of license fees for a license with an annual fee of $10.00 or less.

                    
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