- 1. The licensee shall notify the department at least 30 calendar days prior to the proposed change.
- 2. The new owner shall submit an initial application for a license to operate to the department within 30 calendar days following the effective date of the change in ownership.
- 3. The school may operate under the existing license for 60 calendar days from the effective date of the change in ownership at which time a conditional license may be issued.
A change of ownership occurs when control of a school changes from one owner to another. If there is a change in ownership, the following shall apply:
Statutory Authority
§§ 22.1-16 and 22.1-321 of the Code of Virginia.Derived from Virginia Register Volume 31, Issue 24, eff. August 26, 2015.