(1) In every case in which application is made to the department for a dealer license, the department will, within 90 days:

(a) issue a dealer license to the applicant; or

(b) deny a dealer license to the applicant.

(2) A card dealer license will expire if the department does not receive the application and supporting documents to renew the license by the expiration date.

(3) If the holder of an expired license submits an application and supporting documents to renew the license within 30 days after the expiration date, the applicant may renew the license at the renewal license rate. If the renewal application and supporting documents are not received within 30 days, the holder shall reapply for a new original license in the manner required by these rules.

(4) Replacement of a card dealer license is accomplished by submitting a request to the department and including a $10 fee.