W. Va. Code R. § 148-22-8
Current through Register Vol. XLI, No. 50, December 13, 2024
Section 148-22-8 - Expiration of Certification8.1. Expiration Due to Passage of Time. -- Any certification granted under these rules shall automatically expire without notice two years after the initial certification date, unless renewed prior to that time in accordance with these rules.8.2. Expiration Upon Change in Ownership. -- Any change in ownership that would result in the business' failure to meet the eligibility criteria for certification under these rules shall result in immediate expiration of the certification without notice. Upon a change of ownership, a person authorized to act on behalf of the business shall notify the Director in writing of the ownership change and its impact on the certification obtained under these rules.
8.3. Expiration Upon Death or Disability of Owner. -- Upon the death or long term disability of an owner of a minority-owned business, a women-owned business, or a small business, the certification obtained hereunder shall automatically expire without notice. Any remaining owners may resubmit an application for certification at the time the remaining owners deem such action appropriate. Upon death or commencement of long-term disability of the minority, woman, or small business owner of a certified business, the guardian of the disabled owner, the executor of the owner's estate, or other person authorized to act on behalf of the business shall notify the Director in writing of the death or documented disability.
For purposes of this section, _long-term disability_ shall mean the permanent inability to exercise managerial control or operational control of the business for a period of 90 days or more.
8.4. Expiration Due to Other Change. -- Any certification granted under these rules shall expire immediately without notice upon the occurrence of any change in the status of the business or the owner that would cause the business to be ineligible for certification.W. Va. Code R. § 148-22-8