What event does not terminate the Commissioner's power of investigation?

The denial or nonrenewal of a license does not terminate the Commissioner's power of investigation because the ability to investigate and take action against licensees or applicants is an essential part of the regulatory framework. The Commissioner maintains the authority to investigate even after a license has been denied or not renewed, as this serves to uphold the integrity of the industry and ensure compliance with state laws and regulations.

This ongoing power of investigation allows the Commissioner to address any potential misdeeds or violations that may have occurred under the license. The ability to conduct investigations is crucial for consumer protection and maintaining a fair marketplace, which extends beyond the current licensing status of individuals or entities.

In contrast, other events listed, such as the completion of an annual audit, the resignation of a licensee, or the approval of new license applications, may indicate a change in operational status that can diminish or alter the Commissioner's scope of oversight related to those specific entities or transactions at that moment in time.