|(a) Inactivation of active license. A licensee may
cease operating under a license and choose to inactivate the license.
A license may be inactivated by giving notice of the cessation of
operations not less than 30 calendar days prior to the anticipated
inactivation date. Notification must be provided by filing a license
amendment or an approved electronic submission as prescribed by the
commissioner. The notice must include the new mailing address for
the license, the effective date of the inactivation, and the fee for
amending the license. A licensee must continue to pay the yearly renewal
fees for an inactive license as outlined in §89.310 of this title
(relating to Fees), or the license will expire.
(b) Activation of inactive license. A licensee may
activate an inactive license by giving notice of the intended activation
not less than 30 calendar days prior to the anticipated activation
date. Notification must be provided by filing a license amendment
or an approved electronic submission as prescribed by the commissioner.
The notice must include the contemplated new address of the licensed
office, the approximate date of activation, and the fee for amending
the license as outlined in §89.310 of this title.
(c) Voluntary surrender of license. Subject to §89.407(b)
of this title (relating to Effect of Revocation, Suspension, or Surrender
of License), a licensee may voluntarily surrender a license by providing
written notice of the cessation of operations, a request to surrender
the license, and by submitting the license certificate. A voluntary
surrender will result in cancellation of the license.
(d) Expiration. A license will expire on the later
of December 31 of each year or the 16th day after the written notice
of delinquency is given unless the annual assessment fees have been
paid by the due date for license renewal. A licensee that pays the
annual assessment fees will automatically be renewed even though a
new license may not be issued.