§ 311. Refunds. Moneys received by the board pursuant to this article may within one year from the receipt thereof be refunded to the party for whose account the same were received on proof satisfactory to the board that:
1. Such moneys were in excess of the amount required by law.
2. The license for which application was made has been refused by the board.
3. Such moneys were received as a fine and the board has after review reduced the amount of such fine.
4. Upon appeal, the court reduced or remitted the fine imposed.
Such refunds shall, upon approval by the board and after audit by the comptroller, be paid from any moneys in the custody of the department received pursuant to this article.
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