California Codes, Business and Professions Code - BPC, Division 1 — Department of Consumer Affairs, Chapter 1 — The Department, Section 134
When the term of any license issued by any agency in the department exceeds one year, initial license fees for licenses which are issued during a current license term shall be prorated on a yearly basis.
Notes
Requires initial license fees to be prorated on a yearly basis when an agency in the department issues a license during an existing license term and that license’s term exceeds one year. The provision concerns the initial fee for a midterm issuance and does not state a separate proration formula beyond yearly proration.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 134 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-1/chapter-1/section-134