Alaska Admin. Code tit. 12, § 21.050 – Changing sole proprietorship or partnership to a corporation or other entity

(a) A registered contractor that is a sole proprietorship or partnership that forms a corporation, limited liability company, limited partnership, limited liability partnership, or other entity, for the purpose of engaging in the contracting business must apply for a new registration under this section. The entity must submit
1. (1) a complete application for a new registration, on a form provided by the department;
2. (2) the applicable fees established in 12 AAC 02.180;
3. (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. (4) evidence of new public liability and property damage insurance, as required under AS 08.18.101;
5. (5) if applicable, workers' compensation insurance as required under AS 08.18.101.
(b) A contractor registration may be issued only to a single entity in good standing.

(Eff. 7/2/77, Register 62; am 1/22/2004, Register 169; am 8/8/2021, Register 239)

Authority: AS 08.18.011, AS 08.18.051, AS 08.18.101, AS 08.18.021, AS 08.18.071, AS 44.33.020