Change of Information

PURPOSE: This rule requires licensees to notify the director of certain changes in their businesses. (1) The licensee must notify the director of any of the following changes in his/her business: (A) Any change of business structure; (B) Changes of ownership for corporations (sale of ten percent (10%) or more of the equity); (C) Changes in the officers; and (D) Changes in the board of directors. (2) The director shall require additional information when it is necessary to conduct background information on any persons added to the business. The director may require a payment for any required investigation under this rule. (3) The director may require a new contract on the basis of the factors set forth in 12 CSR 40-40.090. AUTHORITY: section 313.220, RSMo 2016.* Original rule filed Sept. 4, 1985, effective Sept. 14, 1985. Amended: Filed July 15, 2014, effective Feb. 28, 2015. Amended: Filed Dec. 27, 2017, effective June 30, 2018. *Original authority: 313.220, RSMo 1985, amended 1988, 1993, 1995, 2003.