Section 26-C2210. CHANGES IN CONTROL OF A LICENSEE

 

2210.1In order to request approval for a change in control of a licensee, the applicant shall provide information to the Department as required under §§ 2210.2 and 2210.3.

 

2210.2The.application for a change in control shall be made on a form as prescribed by the Commissioner.

 

2210.3An application for a change in control filed pursuant to § 2210.2 shall be accompanied with financial and biographical information for the applicant, each new officer or employee of the applicant or licensee and any other person required by the Department.

 

2210.4The application fee for a change in control of a licensee shall be three hundred and fifty dollars ($350) and shall be payable by check, made payable to the D.C. Treasurer.  The application fee shall be submitted along with the application for a change in control as required in § 2210.2, to the Department at 810 First Street, N.E., Suite 701, Washington, DC 20002.

 

2210.5A licensee that fails to submit the application for a change in control as required by § 2210.2 shall be fined one hundred dollars ($100) for each day after the date of the change in control that the application is not filed with the Department.

 

2210.6Any fine assessed pursuant to § 2210.5, shall be payable by check, made payable to the D.C. Treasurer, and shall be submitted along with the application for a change in control, to the Department at the address set forth in § 2210.4.

 

source

Final Rulemaking published at 50 DCR 10329, 10334 (December 5, 2003).