Sec. 1. (a) Subject to IC 25-1-2-6(e), a license issued by the board is valid for four (4) years.
(b) A license expires:
(1) at midnight on the date established by the licensing agency under IC 25-1-6-4, subject to IC 25-1-2-6(e); and
(2) every four (4) years thereafter, unless renewed before that date.