Section 3 AAC 11.110 - Advance notice of change,(a) A licensee shall file a written report through an advance change notice in the registry at least 15 days prior to the occurrence of: (1) a material change to the license ownership; (2) a change in control person or office manager listed in Form MU2 of the licensee's application;(3) a change of the licensee's business name as issued on the licensee's business license under AS 43.70 or on the business name registration form, including other trade names;(4) a change in the business location listed on the licensee's application.(b) If a licensee files an advance change notice in the registry, the department may require the licensee to submit information necessary to determine if the licensee must submit a new application. If the department determines that the change requires a new application, a licensee must complete a new application under 3 AAC 11.010. If the department grants a new license, a new surety bond would be required under 3 AAC 11.090 and an annual fee installment would be required under 3 AAC 11.020.(c) The licensee must submit a $300 payment for the department's investigative expenses when the licensee submits an advance change notice to the registry. The licensee must pay additional reasonable investigation expenses incurred by the department in the course of its investigation. Eff. 12/21/2019, Register 232, January 2020Authority:
AS 06.50.200
AS 06.50.210
AS 06.50.220
AS 06.50.310
AS 06.50.600