R4-9-110

R4-9-110. Change of Legal Entity and Cancellation of License

Last amended: 2014Length: 146 wordsOfficial source

Cite as Ariz. Admin. Code § R4-9-110

A. Pursuant to A.R.S. § 32-1124, licenses are nontransferable. A new license is required whenever the licensee’s legal entity changes. A change in legal entity includes, but is not limited to: 1. Changes in ownership of a sole proprietorship; 2. Change of a controlling partner in a partnership; 3. Changing from one corporate entity to a different corporate entity; 4. Changing business entities, regardless of whether ownership changes, (e.g. from a corporation or a sole proprietor to a limited liability company); or 5. Merging with another business, where the business holding the license becomes the inactive business after the merger. B. A license may be cancelled upon the written request of the owner of a sole proprietorship, a controlling partner of a partnership, or in the case of a corporation or a limited liability company any person with written evidence of authority to cancel the license.
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