Section 1372 - Change in ownership(a) In order to change ownership of a license, all of the following must be filed with the Commissioner on behalf of the new owner or owners:(2) A financial statement of the new owner or owners.(3) Personal financial statements of all individuals, partners, or stockholders holding at least 10 percent of the corporate stock.(4) A copy of the agreement of the terms of the sale or other exchange of financial interest, including stock distribution.(5) Copy of all documents explaining interest and profit/loss distribution.(6) Any application fee required by the Commissioner.(7) Any other documents requested by the Commissioner.(b) A change in ownership includes a change in the entire ownership, change in the partial ownership, or the sale or exchange of shares of stock by stockholders.Added by Laws 2023 , ch. 24, s 4.Section 15 of the enacting legislation provides that this section takes effect upon the later of the following: (a) Publication in the Register of Regulations of a notice by the Controller General that the funds required to implement this Act have been appropriated. (b) Upon enactment.