Ariz. Admin. Code § 4-9-110

Current through Register Vol. 30, No. 45, November 8, 2024

Section R4-9-110 - Change of Legal Entity and Cancellation of License

A. Pursuant to A.R.S. § 32-1124, licenses are nontransferable. A new license is required whenever the licensee's legal entity changes. A change in legal entity includes, but is not limited to:

1. Changes in ownership of a sole proprietorship;

2. Change of a controlling partner in a partnership;

3. Changing from one corporate entity to a different corporate entity;

4. Changing business entities, regardless of whether ownership changes, (e.g. from a corporation or a sole proprietor to a limited liability company); or

5. Merging with another business, where the business holding the license becomes the inactive business after the merger.

B.A license may be cancelled upon the written request of the owner of a sole proprietorship, a controlling partner of a partnership, or in the case of a corporation or a limited liability company any person with written evidence of authority to cancel the license.

Ariz. Admin. Code § R4-9-110

Former Rule 10. Former Section R4-9-10 repealed, new Section R4-9-10 adopted effective February 23, 1976 (Supp. 76-1). Former Section R4-9-10 renumbered without change as Section R4-9-110 (Supp. 87-3). Amended by final rulemaking at 10 A.A.R. 5185, effective February 5, 2005 (04-4). Amended by final rulemaking at 20 A.A.R. 568, effective 7/1/2014.