(a) Surrender by license holder or permit holder.      
        (1) A license holder or permit holder may at any time voluntarily offer to surrender the person's license or permit for any reason.       
        (2) If no complaint is pending, the executive director shall accept and void the surrendered license or permit immediately.       
      (b) Formal disciplinary action.      
        (1) When a license holder or permit holder has offered the surrender of the person's license or permit after a complaint has been filed, the executive director shall accept and void the surrendered license or permit immediately.       
        (2) When the executive director has accepted such a surrender, the surrender is deemed to be the result of a formal disciplinary action and an order accepting the surrender may be prepared.       
      (c) Reinstatement. A license or permit which has been surrendered may not be reinstated; however, a person may apply for a new license or permit in accordance with the Act and this chapter.     
      (d) This section does not apply to a license or permit that is subject to §112.125.     
     Source Note:        The provisions of this §112.124 adopted to be effective September 1, 2020, 45 TexReg 6096