(a) A licensee may surrender the license through NMLS in accordance with the process that the Commissioner requires.
(b) If a license is surrendered voluntarily, or is suspended or revoked, the Commissioner may not refund any part of the license fee regardless of the time remaining in the license term.
(c) The surrender of a license does not affect any civil or criminal liability of the licensee for acts committed before the license was surrendered.
Structure Maryland Statutes
Subtitle 4 - Sales Finance Companies -- Licensing Provisions
Section 11-402 - Scope of Subtitle
Section 11-403 - License Required; Local Licenses Prohibited; Transfer of Information to Nmls
Section 11-404 - Applications for Licenses
Section 11-405 - Grounds for Denial of Application
Section 11-406 - Investigation Expenses; Other Payments Prohibited
Section 11-407 - Issuance of License or Denial of Application
Section 11-408 - Contents and Scope of Licenses; Additional Licenses
Section 11-409 - Term; Expiration and Renewal
Section 11-410 - License Not Transferable; Display
Section 11-411 - Change of Location
Section 11-412 - Surrender of License
Section 11-412.1 - Confidentiality of Information
Section 11-413 - Investigatory Powers of Commissioner
Section 11-414 - Suspensions and Revocations
Section 11-416 - Judicial Review
Section 11-417 - Effect of Surrender, Suspension, or Revocation