6-610. Effect of revocation, suspension or
surrender on preexisting contract; impairment of contracts


A. The revocation, suspension or surrender of a consumer lender license does not
impair or affect:


1. The obligation of any preexisting consumer lender loan between the consumer
lender and any consumer.


2. The ability or right of the consumer lender to service existing consumer lender
loans from outside this state.


B. If this chapter or any part of this chapter is modified, amended or repealed,
resulting in a cancellation or alteration of any consumer lender license or right of a
licensee under this chapter, that cancellation or alteration does not impair or affect
the obligation of any preexisting contract between a consumer lender and any consumer.