(a) Each licensee shall be sent a renewal notice by the licensing administrator no less than 20 days prior to the expiration date of such license. Except as otherwise provided in this section, such license shall be renewed upon payment of all required fees to the licensing administrator, provided that such payment is made prior to the time that the current license is due to expire. If payment is so made and no action or proceeding is pending against the licensee for suspension or revocation of the license, the licensee may continue in business after the current license expires unless or until renewal is denied.

(b) Whenever any of the required fees are not received on or before the expiration date of the current license, such license shall be deemed to have expired. If any person continues to engage in the business for which the expired license was issued, such person shall forthwith apply for a new license in accordance with the provisions of section 86-29. In addition, a $50.00 late charge shall be imposed upon and collected from such person; provided, however, that the licensing administrator may waive said charge upon a showing of good cause.

(c) In the event that a licensee is required to submit an application for renewal of an existing license, such license shall be renewed by the licensing administrator in accordance with the provisions of this chapter relating to such license.

(d) The director may, upon motion of the licensing administrator or upon complaint, hold a hearing concerning any renewal.

(e) If, after notice and hearing thereon, the director finds that the license should not be renewed, the licensee shall be provided written notice of such denial and the reasons therefor within 20 days following the date of the renewal hearing or such other time as is specified by the provisions of this chapter relating to the particular license for which renewal is sought.

(f) The director shall not renew a license if he or she finds that: