(b)

1. (1) The processor licensee shall notify the commission in writing no less than fourteen (14) days in advance of any change in the information provided in its original application for licensure, along with supporting documentation to prove the processor continues to be qualified.
2. (2) In the event of a change for which a processor licensee does not have prior notice, the licensee shall notify the commission immediately upon learning of the change.

(c) The licensee shall notify the commission of the following:

1. (1) The arrest or conviction for any felony of any:

   1. (A) Owner;
   2. (B) Board member; or
   3. (C) Officer;
2. (2) Any of the licensee’s owners, board members, or officers owes delinquent taxes to the State of Arkansas or the federal government;
3. (3) The temporary closure of the business for any reason for longer than fifteen (15) days;
4. (4) The permanent closure of the business;
5. (5) The filing of bankruptcy by the entity or by any of the entity’s owners; or
6. (6) Any other change that may affect the licensee's qualification for licensure.