§1253.50. Change of Ownership  


Latest version.
  • a)         When the business changes ownership, a new application shall be filed with the Department in accordance with Section  1253.20.

     

    b)         Change of  ownership is defined as, but not limited to:

     

    1)         whenever  the controlling entity of the licensee changes; or

     

    2)         change in the legal form under which the controlling entity is organized.