| (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
OCCC. 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 as described by §89.403
of this title (relating to License Term, Renewal, and Expiration).
(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 OCCC. 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.
|
| Source Note: The provisions of this §89.309 adopted to be effective November 8, 2007, 32 TexReg 7919; amended to be effective July 5, 2012, 37 TexReg 4874; amended to be effective September 5, 2019, 44 TexReg 4724 |
