39-9-204. Certificate of registration -- issuance -- duration -- renewal -- suspension. (1) The department shall issue to the applicant a certificate of registration upon compliance with the registration requirements of this chapter.
     (2) If the department approves an application, it shall issue a certificate of registration to the applicant. The department shall place the expiration date on the certificate. Except as provided in subsection (3), the certificate is valid until the earliest date of:
     (a) 1 year;
     (b) the date the bond expires; or
     (c) the date the workers' compensation or unemployment insurance expires or any applicable exemption terminates.
     (3) The certificate issued under this section to an independent contractor is invalid on the date the contractor hires employees unless the contractor provides proof to the department of workers' compensation coverage for those employees.
     (4) A contractor may supply a short-term bond or insurance policy to bring its registration period to the full 1 year.
     (5) If a contractor's surety bond or other security has an unsatisfied judgment against it or it is canceled, the contractor's registration is automatically suspended on the effective date of the impairment or cancellation. The department shall give notice of the suspension to the contractor.

     History: En. Sec. 6, Ch. 500, L. 1995.