1. (1) A D.B.A. may transfer ownership only while the D.B.A. is actively registered with the division as a D.B.A.

2. (2) To transfer ownership of a D.B.A., the D.B.A. shall file a letter of transfer with the division that states:

   1. (a) the D.B.A. name;
   2. (b) the true name and address of each current owner of the D.B.A.;
   3. (c) the true name and address of each new owner of the D.B.A.; and
   4. (d) the principal address of the D.B.A.'s place of business.
3. (3) Except as otherwise provided in Section 16-1a-302, each current owner and each new owner shall sign the letter of transfer described in Subsection (2).

Enacted by Chapter 93, 2026 General Session