Ga. Comp. R. & Regs. 681-12-.02

Current through Rules and Regulations filed through October 17, 2024
Rule 681-12-.02 - Partnerships: Application for Licensure
(1) In the event that a partnership, duly licensed to do business in the State of Georgia, makes application for licensure, such partnership shall designate as the "applicant";
(a) one of the partners; or
(b) a designated agent of partnership who is a full-time employee of the partnership.
(2) A partnership application shall be accompanied by an affidavit, signed by all partners, naming the applicant for licensure. Such affidavit shall give to the applicant all rights and responsibilities of a license holder on behalf of the partnership, and shall provide that actions or omissions of the partnership, its employees, agents, and assigns in violation of these rules shall subject the license holder and the partnership to any sanctions which may be imposed under the Act or under these Rules.
(3) If the license holder for a partnership should leave the partnership for any reason, the partnership shall be required to inform the Division of such fact immediately, but in no event later than ten (10) business days from the separation. Such partnership shall be required to submit to the Division, within thirty (30) days of such notification on a form provided by the Division:
(a) an affidavit designating a new licensee for the partnership;
(b) all personal information required for licensing such individual;
(c) fingerprint-based criminal background check obtained through processing of fingerprints by a GAPS print site as required by the Georgia Crime Information Center and by the Federal Bureau of Investigation;
(d) proof that the proposed license holder has attended the required seminar (except that the Division may, within its discretion, approve a license pending receipt of proof of this requirement within a time period set by the Division); and
(e) the appropriate fee as prescribed by the Board.
(4) Failure to provide the requisite information within the prescribed period shall necessitate the submission of a new application and registration fee and other items as required for a new license.

Ga. Comp. R. & Regs. R. 681-12-.02

O.C.G.A. Secs. 43-47-6, 43-47-8.

Original Rule entitled "Partnerships: Application for Licensure" adopted. F. Dec. 8, 1995; eff. Dec. 28, 1995.
Repealed: New Rule of same title adopted. F. Mar. 23, 2009; eff. Apr. 12, 2009.