Okla. Admin. Code § 765:37-3-7

Current through Vol. 42, No. 6, December 2, 2024

Section 765:37-3-7 - Changes

(a)Ownership. A change of ownership, including a change in a primary stockholder in the case of a corporation, or membership in the case of a limited liability company, shall require a new application and approval by the Commission before the business may begin operation.

(b)Notification. A change of ownership or any other change, such as change of name or address, which makes Commission records no longer accurate must be reported to the Commission for approval immediately in writing on forms prescribed by the Commission. The installer must meet all the requirements as prescribed for licensing. The Commission may revoke or suspend a license after it has been granted for change of condition resulting in failure to maintain the qualifications for license. The Commission may endorse changes on the license without charge.

Added at 18 Ok Reg 697, eff 12-28-00 (emergency); Added at 18 Ok Reg 2904, eff 6-25-01; Amended at 22 Ok Reg 2272, eff 6-25-05