Alaska Admin. Code tit. 12, § 21.045
Changing sole proprietorships and partnerships
Effective Aug 8, 2021Alaska Register 239(Eff. 4/3/88, Register 105; am 1/22/2004, Register 169; am 8/8/2021, Register 239) | Authority: AS 08.01.080, AS 08.18.051, AS 08.18.101, AS 08.18.021, AS 08.18.071, AS 44.33.020
(a) A registered contractor that is a sole proprietorship that forms a partnership for the purpose of engaging in the contracting business must apply for a new registration under this section. The partnership must submit
- (1) a complete application for a new registration, on a form provided by the department;
- (2) the applicable fees established in 12 AAC 02.180;
- (3) either a new surety bond or an endorsement to the surety bond on file with the department, as required by AS 08.18.071;
- (4) evidence of new public liability and property damage insurance, as required under AS 08.18.101;
- (5) if applicable, evidence of workers' compensation insurance as required under AS 08.18.101.
(b) One or more partners of a dissolved partnership may continue to do business under the same business name as the dissolved partnership as a sole proprietorship, or with different partners as a new partnership, by submitting
- (1) a complete application for a new registration, on a form provided by the department;
- (2) the applicable fees established in 12 AAC 02.180;
- (3) either a new surety bond or an endorsement to the surety bond on file with the department, as required by AS 08.18.071;
- (4) evidence of new public liability and property damage insurance, as required under AS 08.18.101;
- (5) if applicable, evidence of workers' compensation insurance as required under AS 08.18.101.
(Eff. 4/3/88, Register 105; am 1/22/2004, Register 169; am 8/8/2021, Register 239)
Authority: AS 08.01.080, AS 08.18.051, AS 08.18.101, AS 08.18.021, AS 08.18.071, AS 44.33.020