WAC 208-690-115. Request for approval of change of control

What must I do to request approval for a change of control of my business? You must request approval of a change of control at least thirty days prior to the proposed change of control. The request for approval must include: (1) A comprehensive description of the proposed change that sets forth: (a) The identity of all persons acquiring control under the proposed change; (b) The ownership interest and managerial authority of all persons in control under the proposed change. (2) For each new person in control under the proposed change: (a) Biographical information, including employment history for the immediate previous five years; (b) A personal credit report issued by a recognized independent credit reporting agency; (c) A signed authorization for a background investigation on a form prescribed by the director. (3) A transaction fee as prescribed by WAC 208-690-150 . (4) The change of control may result in a requirement for the filing of a new application.