W. Va. Code R. § 142-8-11

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

Section 142-8-11 - Sale Or Transfer Of Certificate Of Authority Or License Prohibited

11.1. No holder of a certificate of authority or license to sell preneed funeral contracts may sell or transfer such certificate of authority or license to any other person.

11.2. No holder of a certificate of authority or license to sell preneed funeral contracts shall transfer such certificate of authority or license to another business location without first notifying the Department.

11.3. In the event that the holder of a certificate of authority is other than a natural person, the Department shall be notified of any sale or transfer of the stock or assets of such an entity. Any substantial change in corporate ownership shall, in the Department's discretion, necessitate application for a new certificate of authority.

W. Va. Code R. § 142-8-11