HAR §4-48-5. Posting of license

(a) Every licensed commission merchant, dealer, broker, agent, processor, retail merchant, or branch store shall post the required license, or a copy of the license, in a conspicuous place at the place of business at all times. (b) Repeated violation of this section may result in the suspension or termination of a license under section 4-48-13. [Eff 5/29/81; am 1/l6/84; comp 3/24/86] (Auth: HRS '145-15) (Imp: HRS '145-2) '4-48-6 Termination of license; notices; renewals; penalty. (a) All commission merchant, dealer, processor, broker, agent, and retail merchant licenses shall expire one year from the effective date, unless renewed with payment of the annual license fee on or before the expiration date of the license or unless otherwise provided for in section 145-2, Hawaii Revised Statutes. (b) A commission merchant or broker license shall be declared void on the date of cancellation of the posted surety bond. (c) Thirty days after the expiration of a commission merchant, dealer, broker, agent, retail merchant, processor, or branch store license, the head shall notify the licensee in writing that the license may be renewed by payment of the annual fee plus a forty per cent penalty. [Eff 5/29/81; am 1/16/84; am and comp 3/24/86] (Auth: HRS '145-15) (Imp: HRS '145-2) '4-48-7 Changes in address, ownership, business name, or membership; bankruptcy. (a) A licensee shall promptly notify the head in writing of any change of address, business name, officers, directors, or holders of more than ten per cent of the outstanding stock of a corporation, and the percentage of stock held by each person. (b) A new license shall be required in the case of change of ownership of a business, an addition or withdrawal of members of a partnership, or when 48-5 '4-48- business is to be conducted under a different corporate charter than that under which the license was originally issued. (c) A licensee shall promptly notify the head in writing when the licensee, or any partner if the licensee is a partnership, is undergoing proceedings under bankruptcy laws. [Eff 5/29/81; comp 3/24/86] (Auth: HRS '145-15) (Imp: HRS '145-2)