Type of change | Type of application | Fee |
Change in the qualifying persons in a: Sole proprietorship, general partnership, limited partnership, or limited liability partnership. | New application | Annual fee for current license privilege. |
Change in the qualifying persons for a publicly or privately held corporation. The board will waive the fee for a corporate change when the proposed change consists solely of dropping an approved officer. | Application for change in corporate officer and/or stockholder | $75 |
Change in the qualifying persons in a limited liability company. | Application for change of limited liability company member and/or manager | $75 |
(2) The board may inquire into all matters in connection with any such sale of stock/units or proposed change in officers/members.
(3) The "proposed sale of more than ten percent of the stock/units" will be calculated as a cumulative total and must be reported to the board when the accumulation of stock/units transfers or newly issued stock/units totals more than ten percent of the outstanding and/or issued stock/units of the licensed corporation or limited liability company.