Final answer:
If an agent's license expires, they can apply for the license renewal to extend it. Waiting for the new license to be issued automatically may cause a temporary halt in the agent's ability to practice.
Step-by-step explanation:
If an agent's license expires on Saturday, December 31, the licensee can apply for the license renewal to extend their license. Renewing the license immediately is a proactive approach to ensure continuity in conducting business. However, it is important to note that waiting for the new license to be issued automatically may result in a temporary halt in the agent's ability to practice.
In most cases, licenses require renewal before they expire to avoid disruptions in operations.