§ 2121.60

Ill. Admin. Code tit. 41, § 2121.60

Change of Ownership

Effective Jul 1, 201135 Ill. Reg. 9050AUTHORITY: Implementing the Boiler and Pressure Vessel Repairer Regulation Act [225 ILCS 203] and authorized by Section 25 of that Act.BOARD OF BOILER AND PRESSURE VESSEL RULES

When 51% of the assets, stock or equity of a boiler or pressure vessel repairer organization are sold, a new boiler or pressure vessel repairer application shall be filed with OSFM in accordance with Section 2121.30.

(Source: Amended at 35 Ill. Reg. 9050, effective July 1, 2011)