California Code, Insurance Code - INS § 1807.8

“License term” as used in this chapter means all of that two-year period beginning as described in subdivision (a) or (b) of Section 1807.9, as applicable, and ending on the day two years after the last calendar day of the month in which the initial license was issued.  Licenses issued prior to January 1, 2011, shall expire on June 30 of each odd-numbered year.