1. 1. Death of a sole proprietor;
2. 2. Death or withdrawal of a general partner in a general partnership or the managing partner in a limited partnership; and
3. 3. Formation or dissolution of a corporation, a limited liability company, or an association or any other business entity recognized under the laws of the Commonwealth.

Licenses are issued to firms and are not transferable. Whenever the legal business entity holding the license is dissolved or altered to form a new business entity, the original license becomes void and shall be returned to the board within 30 days of the change. Additionally, the firm must apply for a new license, on a form provided by the board, within 30 days of the change in the business entity. Such changes include:

Statutory Authority

§§ 54.1-201 and 54.1-1102 of the Code of Virginia.

Historical Notes

Derived from VR220-01-2:1 § 5.2, eff. March 31, 1995; amended, Virginia Register Volume 17, Issue 21, eff. September 1, 2001; Volume 29, Issue 3, eff. December 1, 2012; Volume 41, Issue 25, eff. September 1, 2025.