Section 6. Prior to its expiration date, a license may be suspended or revoked by the deputy director in accordance with the procedure and on the grounds set forth in section four, or may be terminated by voluntary surrender by the licensee.
Upon the expiration, termination or surrender of a license, the licensee shall deliver the license to the deputy director who shall cancel the license, endorse the date of expiration, termination or surrender and shall, after a sixty-day period from the date of delivery or after all claims made against the licensee have been satisfied or settled, surrender the licensee's bond and so notify the surety on the bond.
If a license is lost, misplaced or destroyed, the licensee shall file an affidavit to that effect and the deputy director shall issue a replacement license, clearly identified as such on the license and in the records of the deputy director.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title XV - Regulation of Trade
Section 2 - Auctioneers; Licenses
Section 3 - Applications for Licenses; Acceptance of License; Service of Process
Section 3a - Written Examination
Section 3b - Licensing of Nonresidents; Exemption From Written Examination
Section 3c - Validity of License; Time Period
Section 4 - Denial of Applications; Hearing; Grounds
Section 5 - Licenses; Issuance
Section 6 - Suspension or Revocation of Licenses; Cancellation; Replacement Licenses
Section 8 - Licensees; Account of Goods Sold; Sales and Use Taxes
Section 9 - Prohibited Practices
Section 10 - Special or Annual Auction Permits
Section 11 - Certain Auctions Not Subject to Chapter
Section 12 - Violations of Chapter; Punishment
Section 13 - Alteration, Amendment or Repeal of Rules and Regulations