(a) The registration of a name under AS 10.50.040 may be renewed each year by (1) filing an application for renewal setting out the facts required in an original application for registration;
(2) filing proof of organization required for an original registration; and
(3) paying a fee established by the department.
(b) An application for renewal shall be filed between October 1 and December 31 in each year. The renewal extends the registration for the following calendar year.