(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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