SECTION 160:55-9-3. License surrender

Latest version.

A licensee may surrender any license by submitting notification to NMLS&R and delivering the license to the Administrator. Such surrender shall not affect the liability of the licensee for acts committed before the surrender of the license. A surrender shall not impair or affect the obligation of any preexisting lawful contract between the licensee and any borrower.

[Source: Added at 16 Ok Reg 2170, eff 6-25-99; Amended at 20 Ok Reg 2750, eff 7-1-03 (emergency); Amended at 21 Ok Reg 2698, eff 7-12-04; Amended at 31 Ok Reg 949, eff 9-12-14]

                    
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