Section 43.50.050. Transfer of licenses.

Latest version.

A license is not assignable or transferable. However in the case of death, bankruptcy, receivership, or incompetency of the licensee, or if the business of the licensee is transferred to another by operation of law, the department may extend the license for a limited time to the executor, administrator, trustee, receiver, or the transferee.

Notes

Implemented As

15 AAC 50.050

History

(Sec. 7 ch 187 SLA 1955)

                    
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