Ariz. Admin. Code § 13-2-207

Current through Register Vol. 30, No. 50, December 13, 2024

Section R13-2-207 - Restructure of an Agency

A. If the restructure occurs at the time of renewal, the Department shall waive the restructure fee.

B. If the restructure occurs at any time other than time of renewal, the agency shall pay the restructure fee. An application for restructure shall be submitted for the qualifying party and any new associates.

C. To change a sole proprietorship to a partnership, the applicant shall provide a partnership agreement with notarized signatures of the partners.

D. To change a corporation to a partnership, the applicant shall provide documentation of the dissolving of the corporation and a partnership agreement with notarized signatures of the partners.

E. To change a sole proprietorship or partnership to a corporation the applicant shall provide the Articles of Incorporation bearing the approval stamp of the Arizona Corporation Commission. If the change is to a foreign corporation, the applicant shall submit documentation of Arizona Corporation Commission approval for the foreign corporation to transact business in Arizona.

F. To change a partnership to a sole proprietorship, the applicant shall provide documentation of the dissolving of the partnership.

Ariz. Admin. Code § R13-2-207

New Section made by final rulemaking at 10 A.A.R. 5190, effective February 5, 2005 (Supp. 04-4). Amended by final expedited rulemaking at 28 A.A.R. 1976, effective 7/15/2022.