SDCL § 36-26-27: Failure to renew as forfeiture of license--Restoration upon application and payment of fee.

Failure of a licensee to renew his license on or before the first day of July of the year of expiration shall constitute a forfeiture of such license; provided, however, that any person who has so forfeited his license under this chapter may have the same restored to him by making written application therefor and by payment of the renewal fee for the current term.