Haw. Code R. § 4-48-6 - Termination of license; notices; renewals; penalty
(a) All
commission merchant, dealer, processor, broker, agent, and retail merchant
licenses shall expire one year from the effective date, unless renewed with
payment of the annual license fee on or before the expiration date of the
license or unless otherwise provided for in section
145-2, Hawaii Revised
Statutes.
(b) A commission merchant
or broker license shall be declared void on the date of cancellation of the
posted surety bond.
(c) Thirty days
after the expiration of a commission merchant, dealer, broker, agent, retail
merchant, processor, or branch store license, the head shall notify the
licensee in writing that the license may be renewed by payment of the annual
fee plus a forty per cent penalty.
Notes
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