Rule 590-7-28-.02 - Renewal of State Franchise(1) A state franchise shall be effective for a term of ten years from the date of issuance; and, upon application filed within six (6) months prior to the expiration of such term on a form to be furnished by the Secretary of State, the state franchise may be renewed for a like term. There is no fee for renewal except a $50.00 processing fee payable to the Secretary of State, which shall accompany the application for renewal of the state franchise. The holder of a renewing state franchise shall provide a copy of its renewal application to each affected municipal or county governing authority within seven (7) business days following the delivery of the application to the Secretary of State.(2) A state franchise may be renewed for successive periods of ten (10) years in like manner.(3) The Secretary of State may send a renewal notification to holders of state franchises within six (6) months preceding the expiration of the state franchise for informational purposes. The renewal notification will be sent by mail or electronic methods, such as email, to the last known address of the holder. Renewal notifications will not be sent to those state franchises that are expired or terminated.(4) Pursuant to O.C.G.A § 36-76-4(d)(3), a state franchise expires if it is not renewed by its expiration date. An expired state franchise may not be renewed or reinstated. If the holder of an expired state franchise wishes to continue to hold a state franchise in Georgia, then that holder must apply for a new state franchise.Ga. Comp. R. & Regs. R. 590-7-28-.02
O.C.G.A § 36-76-4.
Original Rule entitled "Renewal of State Franchise" adopted. F. May 11, 2017; eff. May 31, 2017.