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(a) Except for a temporary beer license which the Board is authorized to issue for a period not exceeding three (3) days, the licenses specified in § 3207 of this Code shall be issued for an indefinite period, and existing licenses, although containing an expiration date, shall be deemed to be so issued and shall be valid until revoked in accordance with the provisions of this Chapter. Provided, however, that each licensee shall pay an annual license fee in the amount specified in § 3207 for issuance of the license, payable on or before the 30th day of June of each

year beginning with the 30th day of June following the issuance of the license or the approval of a transfer as the case may be.

(b) If the license fee is not paid on or before the 30th day of June of each year, the license is automatically suspended, but may be reinstated by the Board within thirty-one (31) days after June 30, upon the payment of the license fee.

(c) Unless the license is so reinstated, it is automatically revoked thirty-one (31) days after June 30, and the Board shall not issue a license except upon a new original application.

SOURCE: GC § 25110.

2017 NOTE: Subsection designations added pursuant to the authority of
1 Guam Code Ann. § 1606.