Any person holding a license under the provisions of this article may discontinue his business by giving the comptroller written notice thereof and surrendering his license to the comptroller, but such action shall in nowise relieve the licensee or the surety on his bond from any liability which may have accrued or existed at the time of the surrender of such license nor shall impair or affect the obligation of any lawful pre-existing contract between the licensee and any other person, firm or corporation.
Structure Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Article 5 - Small Loan Privilege Tax Law
§ 75-67-207. Responsibilities for administration of Article 5
§ 75-67-209. Application for license or renewal license
§ 75-67-213. Annual license fee
§ 75-67-219. Return of bond and fees upon denial of application for license
§ 75-67-221. Hearing when license denied
§ 75-67-223. Procedure at the hearing
§ 75-67-225. Review of adverse decision
§ 75-67-229. Additional licenses and changes of location
§ 75-67-231. Preservation of records
§ 75-67-233. Additional bonds; when required
§ 75-67-235. Discontinuance of business and surrender of license
§ 75-67-237. Revocation of license; procedure and review by court
§ 75-67-239. Disposition of funds collected under Article 5
§ 75-67-243. Rules and regulations
§ 75-67-247. Municipal and county ordinances void if overly restrictive