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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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FINANCIAL INSTITUTIONS |
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TITLE 11. CONSUMER CREDIT |
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SUBTITLE 4. SALES FINANCE COMPANIES -- LICENSING PROVISIONS |
§ 11-412. Voluntary surrender of license
Latest version.
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(a) Surrender. -- A licensee may surrender the license by delivering to the Commissioner a written statement that the license is surrendered.
(b) Liability not affected. -- The surrender of a license does not affect any civil or criminal liability of the licensee for acts committed before the license was surrendered.