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2022 Maryland Statutes
Business Regulation
Title 7 - Collection Agencies
Subtitle 3 - Licenses
Section 7-307 - Surrender of License
Universal Citation: MD. Business Regulation Code § 7-307 (2022)
(a) A licensee may surrender a license through NMLS in accordance with the process that the Board requires.
(b) If a license is surrendered voluntarily, or is suspended or revoked, the Board 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.
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