Here is exit code from BIOS V1.01:
Code:
82dc AD 01 DC LDA $DC01 ; check for left shift
82df 29 80 AND #$80
82e1 D0 0A BNE $82ED ; not pressed, skip
82e3 A9 55 LDA #$55 ; unlock disable bit
82e5 8D 13 DF STA $DF13
82e8 A9 AA LDA #$AA
82ea 8D 13 DF STA $DF13
82ed B9 37 9C LDA $9C37,Y ; copy rest of reset code to $0200
82f0 99 FF 01 STA $01FF,Y
82f3 88 DEY
82f4 D0 F7 BNE $82ED
82f6 20 22 9C JSR $9C22 ; wait for bottom border
82f9 AD 01 DC LDA $DC01 ; wait until keys released
82fc C9 FF CMP #$FF
82fe D0 F6 BNE $82F6
8300 20 22 9C JSR $9C22 ; wait for lower border
8303 A2 81 LDX #$81 ; external ROM active, disable MMC64
8305 AD 12 DF LDA $DF12 ; check for cartridge in pass-thru connector
8308 29 06 AND #$06
830a C9 06 CMP #$06
830c F0 02 BEQ $8310
830e A2 89 LDX #$89 ; if found, move clockport
8310 4C 00 02 JMP $0200 ; "stx $df11; jmp ($fffc)"
My MMC64 doesn't automatically disable itself when there is another cartridge attached, but it moves its clockport. That behaviour is exactly what you would expect from the docs and the code above. Although disable bit (#7) is always 1, it only affects MMC64 if it has been unlocked.