Each person receiving a license under the provisions of this chapter shall apply, on a form approved by the Board of Medical and Osteopathic Examiners, for a renewal of the license. The renewal shall be issued by the secretary upon payment of a biennial fee set by the board, by rule promulgated pursuant to chapter 1-26, not exceeding the sum of four hundred dollars. The renewal shall be in the form of a receipt acknowledging payment of the required fee and signed by the secretary of the board.
SDCL 36-4-24.1