§ 19-14-16. Surrender of license.
Any licensee may surrender any license or branch certificate(s) by delivering to the director, or the director’s designee, electronic notice through the Nationwide Multistate Licensing System surrendering the license or branch certificate(s). The surrender shall not affect the licensee’s civil or criminal liability for acts committed prior to the surrender. Electronic notice through the Nationwide Multistate Licensing System of any surrender must be filed with the director, or the director’s designee, within thirty (30) days of the termination of the business authorized by this chapter at the surrendered location. The surrender of any license does not affect the licensee’s requirement to file an annual report with the fifty-five dollar ($55.00) filing fee. This report shall be filed within thirty (30) days of the surrender of the license. The licensee shall give electronic notification through the Nationwide Multistate Licensing System to the director, or the director’s designee, within twenty-four (24) hours from termination of business.
History of Section.P.L. 1995, ch. 82, § 52; P.L. 2002, ch. 65, art. 13, § 19; P.L. 2022, ch. 338, § 3, effective June 29, 2022; P.L. 2022, ch. 339, § 3, effective June 29, 2022.
Structure Rhode Island General Laws
Title 19 - Financial Institutions
Chapter 19-14 - Licensed Activities
Section 19-14-1. - Definitions.
Section 19-14-2. - Licenses required.
Section 19-14-3. - Application for license.
Section 19-14-4. - Annual fee.
Section 19-14-5. - Minimum capital.
Section 19-14-6. - Bond of applicant.
Section 19-14-7. - Issuance or denial of license.
Section 19-14-8. - Denial of license due to incomplete application.
Section 19-14-9. - Contents of license.
Section 19-14-10. - Agent for service of process.
Section 19-14-11. - Prohibition or transfer or assignment of license.
Section 19-14-12. - Place of business — Branch offices — Name changes.
Section 19-14-13. - Revocation of license.
Section 19-14-14. - Revocation by default.
Section 19-14-15. - Suspension of license.
Section 19-14-16. - Surrender of license.
Section 19-14-17. - Contracts unimpaired by revocation, suspension, or surrender of license.
Section 19-14-18. - Reinstatement of license.
Section 19-14-19. - Filing findings on revocation or suspension.
Section 19-14-20. - Books, accounts, and records.
Section 19-14-21. - Advertising and misrepresentations.
Section 19-14-22. - Reporting requirements.
Section 19-14-23. - Examinations and investigations.
Section 19-14-24. - Tying with other business.
Section 19-14-25. - Transactions and place of business limited by license — Remote locations.
Section 19-14-26. - Penalty for violations.
Section 19-14-26.1. - Additional penalties.
Section 19-14-27. - Modification or repeal of chapter.
Section 19-14-28. - Appeal from director.
Section 19-14-29. - Appropriations — Fees.
Section 19-14-30. - Rules and regulations.
Section 19-14-31. - Pre-existing contracts.
Section 19-14-32. - Severability.
Section 19-14-33. - Compliance with federal law governing licensed activities.