[§436E-9]  Biennial renewal.  Every person holding a license under this chapter shall register with the board and pay a biennial fee on or before June 30 of each odd-numbered year.  Failure to pay the biennial fee shall constitute a forfeiture of the license as of the date of expiration.  Any license so forfeited may be restored within one year after the expiration upon filing of an application and payment of a restoration fee. [L 1985, c 214, pt of §1]