Whenever any changes occur in the officers of the licensee, the licensee shall notify the department within 30 days of the effective date of the change on forms specified by the commissioner. For purposes of this section, the term "officer of the licensee" or "officers of the licensee" means the members of a partnership, the officers, directors, managers or shareholders of a corporation, or the managers or managing members of a limited liability company or other legal entity licensed pursuant to this chapter.
The commissioner will promulgate rules describing the process that licensees must follow when they are removing or changing officers’ equipment and the applicable fees for removal or change of officers.
(Added Coun. J. 1-18-12, p. 19118, § 2; Amend Coun. J. 6-6-12, p. 28356, § 23; Amend Coun. J. 11-20-19, p. 9510, Art. IV, § 23)