<?xml version='1.0' encoding='utf-8'?>
<section article="gfi" article_name="Financial Institutions" number="11-412" title_number="11" title_name="Consumer Credit" subtitle_number="4" subtitle_name="Sales Finance Companies -- Licensing Provisions">
  <level label="a">
    <text>A licensee may surrender the license through NMLS in accordance with the process that the Commissioner requires.</text>
  </level>
  <level label="b">
    <text>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.</text>
  </level>
  <level label="c">
    <text>The surrender of a license does not affect any civil or criminal liability of the licensee for acts committed before the license was surrendered.</text>
  </level>
</section>
