2005 Minnesota Statutes - 326.3385 — Conditions of licensing.

     326.3385 Conditions of licensing. 


    Subdivision 1.    Notice of address change.  A license 
 holder who moves to an address other than that given on the 
 license certificate shall give written notice to the board 
 within seven days of the move.  The notice shall give the new 
 address or location, the date the move was made, and be 
 accompanied by the license, at which time a new license will be 
 made showing the new address or location. 


    Subd. 2.    Notice of successor.  A corporate or 
 partnership license holder shall, within seven days of the 
 death, resignation, or removal of a person signing the license 
 application, give written notice to the board of the change and 
 the name and address of the successor in the vacated position. 


    Within seven days of the death, resignation, or removal of 
 a person signing the license application for a partnership or 
 corporate license holder, the successor qualified 
 representative, partner, Minnesota manager, chief executive 
 officer, or chief financial officer who shall qualify under the 
 same procedure and criteria, and submit the documents required, 
 as for an original application. 


    Subd. 3.    Surrender of license.  Every license issued 
 to a license holder shall be surrendered to the board within 
 seven days after its expiration, or upon notice to a license 
 holder that a license has been revoked or suspended.  If the 
 license cannot be returned, a notarized statement indicating the 
 circumstances shall be submitted to the board. 


    Subd. 4.    Penalty.  Failure to comply with the 
 provisions of subdivision 1, 2, or 3 may result in the 
 revocation or suspension of the license, or the imposition of an 
 administrative penalty. 


    HIST: 1987 c 360 s 20