Md. Code, Business Regulation § 7-307
This is the official text of Md. Code, Business Regulation § 7-307, part of Maryland’s Code, Business Regulation — governs general business licensing and regulation.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§7–307.
Official statutory text
(a) A licensee may surrender a license through NMLS in accordance with the process that the Board requires.
(b) If a license is surrendered voluntarily, or is suspended or revoked, the Board may not refund any part of the license fee regardless of the time remaining in the license term.
(c) The surrender of a license does not affect any civil or criminal liability of the licensee for acts committed before the license was surrendered.
(b) If a license is surrendered voluntarily, or is suspended or revoked, the Board may not refund any part of the license fee regardless of the time remaining in the license term.
(c) The surrender of a license does not affect any civil or criminal liability of the licensee for acts committed before the license was surrendered.
Status: in_force · Read it on the official government site
Dealing with a business matter in Maryland?
See all Maryland Business lawyers
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.