3 Alaska Admin. Code § 13.120

Current through September 25, 2024
Section 3 AAC 13.120 - Request for approval of change of control
(a) A request for approval of change of control required by AS 06.55.404 must include a comprehensive description of the proposed change and be submitted to the department through the registry. The description must set out
(1) the identity of each person acquiring control under the proposed change;
(2) the ownership interest and managerial authority of each person in control under the proposed change; and
(3) for each new person in control under the proposed change, information about personal history and experience as described in 3 AAC 13.010(a)(3), including employment history for the immediate previous 10 years.
(b) Any request under AS 06.55.404(e) for an exemption from any of the requirements of AS 06.55.404(a)(2) and (3) must be received by the department at least 30 days before the proposed change of control, and must set out the grounds on which the request relies.

3 AAC 13.120

Eff. 7/12/2008, Register 187; am 11/22/2017,Register 224, January 2018

Authority:AS 06.55.404

AS 44.33.020