Hello @Anonymous,
you can rely here on Marcs answer. Most common is you get the current version. If you wish to have the latest activated one, you need to specify it before the contract expires either to your reseller or to the correct support team at Autodesk.
If you have for example a network license with one serial number and 4 seats (4 users at the same time), then you will get one version of the product (either latest activated, or newest). You need to be sure, no one used this serial number with another version than the 2017. If one user used this serial number with 2018 or 2019, you will automatically get the latest version or 2018.
If you have a network license with 4 seats and 4 different serial numbers all under the same contract, than it is a little bit different. Each serial number will turn into a perpetual license from the latest activated version or the newest version of the product (i.e. seat 1 &2 v2017, seat 3 v2018, seat 4 v2019).
BUT you could also get a new serial number for the perpetual one with 4 seats and ONE version of the product...
At this point I would recommend you to call our Sales specialists. Please let me know where you are located, so that I can give you the correct phone number.
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Michèle Matzeck-Kunstman
Community Manager