Sec. 4. (a) The approval for a sponsor expires February 28 each even-numbered year.

     (b) A sponsor must submit:

Terms Used In Indiana Code 25-6.1-9-4

(1) a letter requesting renewal of approval; and

(2) the renewal fee;

at least thirty (30) days before the sponsor’s approval expires.

As added by P.L.238-1995, SEC.3.