1. A. Pursuant to A.R.S. § 32-1124, licenses are nontransferable. A new license is required whenever the licensee’s legal entity changes. A change in legal entity includes, but is not limited to:

   1. 1. Changes in ownership of a sole proprietorship;
   2. 2. Change of a controlling partner in a partnership;
   3. 3. Changing from one corporate entity to a different corporate entity;
   4. 4. Changing business entities, regardless of whether ownership changes, (e.g. from a corporation or a sole proprietor to a limited liability company); or
   5. 5. Merging with another business, where the business holding the license becomes the inactive business after the merger.
2. B. A license may be cancelled upon the written request of the owner of a sole proprietorship, a controlling partner of a partnership, or in the case of a corporation or a limited liability company any person with written evidence of authority to cancel the license.

Historical Note

Former Rule 10. Former Section R4-9-10 repealed, new Section R4-9-10 adopted effective February 23, 1976 (Supp. 76-1). Former Section R4-9-10 renumbered without change as Section R4-9-110 (Supp. 87-3). Amended by final rulemaking at 10 A.A.R. 5185, effective February 5, 2005 (04-4). Amended by final rulemaking at 20 A.A.R. 568, effective July 1, 2014 (Supp. 14-1).