SDCL § 51A-17-69: Initial license term.

The initial license term begins on the day the application is approved. The license shall expire on December thirty-first of the year in which the license term began, unless the initial license date is between November first and December thirty-first, in which instance the initial license term runs through December thirty-first of the following year.

Source: SL 2024, ch 196, § 18.