04 NCAC 03L .0402          SURRENDER OF LICENSE

A licensee shall notify the Commissioner in writing of its decision to cease operations as a check-cashing business in this State within seven days of the decision. A licensee shall surrender its license and branch certificates, if any, to the Commissioner no later than 30 days after it has voluntarily ceased operations in this State or within a shorter time as the Commissioner may order if operations end involuntarily pursuant to G.S. 53-284 or G.S. 53-285.

History Note:        Authority G.S. 53-285; 53-276; 53-288;

Eff. July 1, 2000;

Readopted Eff. August 1, 2018.