All of the following statements regarding the registration of an investment adviser in a state are true EXCEPT:
A) if the investment adviser is not an individual, an officer or general partner must take the state's examination requirement (e.g., the Uniform Investment Adviser State Law Exam).
B) the adviser's registration expires on December 31 each year.
C) the initial application must include a consent to service of process along with Form ADV and the appropriate fees.
D) the annual renewal process involves payment of the appropriate fees and refiling of the consent to service of process.
Answer: the annual renewal process involves payment of the appropriate fees and refiling of the consent to service of process.