LAC 28:CLXI.903. Change of Ownership

A. When a center changes ownership, the current license is not transferable. B. Prior to the ownership change, the new owner shall submit a new application and have verification of substantial compliance with the applicable licensing regulations in order to fee for licensure and obtain a new license. C. Any of the following may constitute a change of ownership: 1. change in federal tax ID number; 2. change in state tax ID number; 3. change in profit status; 4. any transfer of partial or full ownership of the center from an individual or juridical entity to any other individual or juridical entity; 5. termination of child care services by one owner and beginning of services by a different owner without a break in services to children.