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Title 12 . Professional and Vocational Regulations
Chapter 21 . Big Game Guides and Transporters
Section 45. Changing sole proprietorships and partnerships

12 AAC 21.045. Changing sole proprietorships and partnerships

(a) A registered contractor that is a sole proprietorship that forms a partnership for the purpose of engaging in the contracting business must apply for a new registration under this section. The partnership must submit

(1) a complete application for a new registration, on a form provided by the department;

(2) the applicable fees established in 12 AAC 02.180;

(3) either a new surety bond or an endorsement to the surety bond on file with the department, as required by AS 08.18.071 ;

(4) evidence of new public liability and property damage insurance, as required under AS 08.18.101 ;

(5) if applicable, workers' compensation insurance as required under AS 08.18.101 .

(b) One or more partners of a dissolved partnership may continue to do business under the same business name as the dissolved partnership as a sole proprietorship, or with different partners as a new partnership, by submitting

(1) a complete application for a new registration, on a form provided by the department;

(2) the applicable fees established in 12 AAC 02.180;

(3) either a new surety bond or an endorsement to the surety bond on file with the department, as required by AS 08.18.071 ;

(4) evidence of new public liability and property damage insurance, as required under AS 08.18.101 ;

(5) if applicable, workers' compensation insurance as required under AS 08.18.101 .

History: Eff. 4/3/88, Register 105; am 1/22/2004, Register 169

Authority: AS 08.01.080

AS 08.18.021

AS 08.18.051

AS 08.18.071

AS 08.18.101

AS 44.33.020


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Last modified 7/05/2006