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a. All licenses issued under the provisions of this Article shall expire at the end of the calendar year.

b. Annual renewal of any license provided by this Article shall be made by payment of the fee set forth in section 31-114(b) within thirty calendar days prior to the expiration date thereof as provided in (a) above.

c. Upon the issuance of a new license, the licensee shall destroy the original old license and all copies thereof.

d. No license issued under this Article shall be transferable.