§ 9-103-080 — Removal or change of officer

9-103-080 Removal or change of officer.

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 prescribed 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 is authorized to promulgate rules describing the process that licensees must follow when they are removing or changing officers and the applicable fees for removal or change of officers. (Added Coun. J. 10-14-21, p. 37486, § 1)