Section 399-G:18 - Reports of Certain EventsI. A licensee shall file a report with the commissioner within one business day after the licensee has reason to know of the occurrence of any of the following events:(a) The filing of a petition by or against the licensee under the United States Bankruptcy Code, 11 U.S.C. Section 101-110, as amended or recodified from time to time, for bankruptcy or reorganization;(b) The filing of a petition by or against the licensee for receivership, the commencement of any other judicial or administrative proceeding for its dissolution or reorganization, or the making of a general assignment for the benefit of its creditors; or(c) The commencement of a proceeding to revoke or suspend its license in a state or country in which the licensee engages in business or is licensed.II. A licensee shall file a report with the commissioner within 3 business day after the licensee has reason to know of the occurrence of any of the following events:(a) A conviction of the licensee or of a key individual or person in control of the licensee for a felony; or(b) A conviction of an authorized delegate for a felony.Amended by 2024, 368:1, eff. 10/22/2024.Amended by 2015 , 258: 1, eff. 1/1/2016. 2015, 258 : 1 , eff. Jan. 1, 2016.