(1) Except as provided in subsection (2), licenses expire on December 31 following the date of issue unless canceled for cause.
(2) License renewals provided for in 16-11-122, 30-12-203 (5)(a), 50-50-201, 80-7-106, and 82-15-105 expire on the anniversary date established by rule by the board of review established in 30-16-302.