What action must a licensee take if the business is discontinued?

When a business is discontinued, the licensee is required to return the license and the qualifying agent's identification cards. This action is necessary because the license represents the authorization to operate within the security industry, and if the business is no longer active, it is important to ensure that all licenses associated with that business are properly accounted for and returned to the regulatory authority.

Returning the license and identification cards helps maintain accurate records within the department and prevents any misuse of the licenses or identification associated with the authorized activities of the business. It also demonstrates compliance with regulations governing the security industry, which helps uphold the integrity of the profession.

The options that involve verbal notification, changing the status to inactive, or keeping the license without action do not fulfill the requirement for formal closure and accountability in licensing. These actions could potentially leave the license active without proper oversight, which is not acceptable under licensing regulations.