Final answer:
Licensees, registrants, or certificate holders who fail to renew by December 31 may face penalties and consequences depending on the specific licensing board or regulatory agency.
Step-by-step explanation:
Licensees, registrants, or certificate holders who fail to renew by December 31 may face penalties and consequences depending on the specific licensing board or regulatory agency. These consequences may include late fees, license suspension or revocation, and the need to reapply for a new license.
For example, if a lawyer fails to renew their license by the deadline, they may be temporarily suspended from practicing law until they rectify the situation. Similarly, if a healthcare professional like a nurse or doctor fails to renew their license, they may not be able to legally practice until they complete the renewal process.
It is important for licensees, registrants, and certificate holders to be aware of their renewal deadlines and actively pursue the necessary steps to keep their license or certification in good standing.