2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 12-422 - Voluntary surrender of license
§12-422.
(a) (1) A licensee may surrender a license by sending to the Commissioner a written statement that the license is surrendered.
(2) The statement shall provide a listing, by identifying number, face amount, and place of issue, of all outstanding payment instruments, and the reasons for the license surrender.
(b) The surrender of a license does not:
(1) Affect any civil or criminal liability of the licensee for acts committed before the license is surrendered;
(2) Affect the surety device filed by the licensee; or
(3) Entitle the licensee to the return of any part of any fee.
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