(1) Except as otherwise provided in this section, all licenses issued under this chapter and renewals of licenses issued under this chapter must be issued for a period of one year that expires at 12 midnight on March 31, June 30, September 30 or December 31 of each year.

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(2) Notwithstanding subsection (1) of this section, a license issued for the first time to an applicant may be issued for less than a year. The fee for a license issued for less than a year under this subsection is the annual license fee prescribed by ORS § 471.311.

(3)(a) Subject to ORS § 471.297, the term of a temporary letter of authority issued under ORS § 471.297 is the period fixed by the Oregon Liquor and Cannabis Commission when the temporary letter of authority is issued.

(b) The term of a temporary sales license issued under ORS § 471.190 is the period fixed by the commission when the temporary sales license is issued. [Formerly 471.355; 2007 c.269 § 1; 2021 c.85 § 1; 2021 c.351 § 70]

[Amended by 1953 c.14 § 2; 1979 c.744 § 33a; 1979 c.881 § 3; 1989 c.785 § 8; 1995 c.301 § 58; 1997 c.841 § 5; 1999 c.351 § 46; renumbered 471.313 in 1999]