Rule 14.2 LLLT to Discontinue Practice as an LLLT

A revoked or suspended LLLT, or an LLLT transferred to disability inactive status, must not practice as an LLLT after the effective date of the revocation, suspension, or transfer to disability inactive status, and also must take whatever steps are necessary to avoid any reasonable likelihood that anyone will rely on them as an LLLT. This rule does not preclude a revoked or suspended LLLT, or an LLLT transferred to disability inactive status, from disbursing assets held by the LLLT to parties to transactions or other persons.

[Adopted effective January 7, 2016 as an interim rule; Adopted effective October 28, 2025 as a permanent rule.]