(1) Each licensee shall renew on or before the date as set by ARM 24.210.413.
(2) Renewal notices for all timeshare salespeople will be sent to the last known address in the division's records as specified in ARM 24.101.414.
(3) Incomplete renewal forms will not be accepted and will be returned to the licensee. Any form returned to the licensee must be properly completed and resubmitted before the renewal deadline or late renewal fees will be required.
(4) Timeshare sales licenses will lapse, expire, or terminate according to ARM 24.101.408.