A change in name, business designation or personnel of a licensee shall not have the legal effect of transferring a license and shall have the effect of the contractor operating without a license. Therefore, all such changes shall be reported by the licensee to the town clerk-treasurer within thirty (30) days after making such change. (Ord. 86-4, 6-16-1986)
A. Incorporation Or Change In Corporate Status: Incorporation or change in corporate status may create a new legal entity which requires a license even though one or more stockholders or directors have a license. A new license is required, however, a new fee shall not be charged.
B. Organization Or Change In Partnership: The organization of a partnership or the change in a partnership creates a new legal entity which requires a new license, even though one or more of the partners are licensed. A new license is required, however, a new fee shall not be charged.
C. Dissolution Of Corporation Or Partnership: The dissolution of a corporation or partnership which has been licensed, terminates the license and no individual or firm may operate under such license. A new license is required, however, a new fee shall not be charged. (Ord. 86-4, 6-16-1986; amd. 2007 Code)