Current through November, 2024
Section 4-48-7 - Changes in address, ownership, business name, or membership; bankruptcy(a) A licensee shall promptly notify the head in writing of any change of address, business name, officers, directors, or holders of more than ten per cent of the outstanding stock of a corporation, and the percentage of stock held by each person.(b) A new license shall be required in the case of change of ownership of a business, an addition or withdrawal of members of a partnership, or when business is to be conducted under a different corporate charter than that under which the license was originally issued.(c) A licensee shall promptly notify the head in writing when the licensee, or any partner if the licensee is a partnership, is undergoing proceedings under bankruptcy laws.[Eff 5/29/81; comp 3/24/86] (Auth: HRS § 145-15) (Imp: HRS § 145-2)