Certificate of Authority

(a) In the event that a licensed dispensary, grower, or processor is foreclosed, is the subject of an order appointing a receiver, becomes insolvent or bankrupt, or otherwise ceases operations, a temporary Certificate of Authority may be issued to a secured party, court- appointed receiver, trustee, court-appointed personal representative, or other individual determined by the Department to have legal authority over the operation and/or disposition of the assets of the licensee. The temporary Certificate of Authority shall authorize the holder to continue operation, without obtaining a separate license, at a licensed dispensary, grower, or processor for a reasonable period of time for the orderly disposition of the business. (b) A secured party, court-appointed receiver, trustee, personal representative, or other person requesting a Certificate of Authority must meet the requirements set forth in OAC 310:681-5-3 and OAC