(a) A licensee who ceases to use the state seal for
a commercial purpose may abandon the license by filing a statement
of abandonment. Upon abandonment, the person will no longer be licensed
to use the state seal for a commercial purpose, and he will no longer
be required to file quarterly reports or update the information on
file with the secretary of state pertaining to the license to use
the state seal. Abandonment will not result in the refund of any fees
paid to the secretary of state.
(b) A statement of abandonment must be in writing,
signed by the licensee, and must include:
(1) the name in which the license was issued; and
(2) a statement that the licensee is abandoning the
license.
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