Maryland Statutes

§ 12-422

Maryland § 12-422
JurisdictionMaryland
Article gfiFinancial Institutions
Title12

This text of Maryland § 12-422 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Md. Code Ann., Financial Institutions § 12-422 (2026).

Text

(a)(1) A licensee may surrender a license through NMLS in accordance with the process that the Commissioner requires.
(2)The statement shall provide a listing, by identifying number, face amount, and place of issue, of all outstanding money transmissions, and the reasons for the license surrender.
(b)The surrender of a license does not:
(1)Affect any civil or criminal liability of the licensee for acts committed before the license is surrendered;
(2)Affect the surety device filed by the licensee; or
(3)Entitle the licensee to the return of any part of any fee.

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Bluebook (online)
Maryland § 12-422, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/12-422.