(a) Registration of a digital asset is effective for a term of five (5) years from the date of registration. Upon application filed within six (6) months prior to the expiration of the registration term and in a manner complying with the requirements of the secretary, the registration may be renewed for a term of five (5) years from the end of the expiring term. The renewal fee shall be set in accordance with W.S. 34-29-209, but shall not exceed two hundred fifty dollars ($250.00) and shall be submitted with the application for renewal of the registration. (b) A digital asset registration may be renewed for successive periods of five (5) years under this section.
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