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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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BUSINESS REGULATION |
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TITLE 7. COLLECTION AGENCIES |
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SUBTITLE 3. LICENSES |
§ 7-307. Surrender of license
Latest version.
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(a) Authorized. -- A licensee may surrender a license by giving the Board written notice that the license is surrendered.
(b) Effect. -- Surrender of a license does not affect:
(1) the civil or criminal liability of the licensee for an act committed before surrender of the license; or
(2) the obligation of a claim that the licensee lawfully acquired before the surrender.