Section 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.