License; duration; assignability; premises covered; posting;

renewal Sec. 9. A license to operate an institution: (1) expires one (1) year after the date of issuance; (2) is not assignable or transferable; (3) shall be issued only for the premises named in the application; (4) shall be posted in a conspicuous place in the institution; and (5) is renewable on an annual basis. [Pre-1992 Revision Citation: 16-13-2-3(e).] As added by P.L.2-1992, SEC.19.