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§ 11-209.1. Surrender of license

West's Annotated Code of MarylandFinancial InstitutionsEffective: October 1, 2021

West's Annotated Code of Maryland
Financial Institutions
Title 11. Consumer Credit
Subtitle 2. Consumer Loans--Licensing Provisions (Refs & Annos)
Effective: October 1, 2021
MD Code, Financial Institutions, § 11-209.1
§ 11-209.1. Surrender of license
Manner of surrender
(a) A licensee may surrender a license through NMLS in accordance with the process that the Commissioner requires.
Refund of license fee
(b) If a license is surrendered voluntarily, or is suspended or revoked, the Commissioner may not refund any part of the license fee regardless of the time remaining in the license term.
Effect on civil or criminal liability
(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.


Added by Acts 2017, c. 253, § 1, eff. July 1, 2017. Amended by Acts 2021, c. 101, § 2, eff. Oct. 1, 2021.
MD Code, Financial Institutions, § 11-209.1, MD FIN INST § 11-209.1
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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