7 CFR 46.13 - Address, ownership, changes in trade name, changes in number of branches, changes in members of partnership, and bankruptcy.
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The licensee shall:
(2) Any change in officers, directors, members, managers, holders of more than 10 percent of the outstanding stock in a corporation, with the percentage of stock held by such person, and holders of more than 10 percent of the ownership stake in a limited liability company, and the percentage of ownership in the company held by each such person;
(5) When the licensee, or if the licensee is a partnership, any partner is subject to proceedings under the bankruptcy laws. A new license is required in case of a change in the ownership of a firm, the addition or withdrawal of partners in a partnership, or in case business is conducted under a different corporate charter, or in case a limited liability company conducts business under different articles or organization from those under which the license was originally issued.
[44 FR 50576, Aug. 29, 1979, as amended at 65 FR 24855, Apr. 28, 2000]
Title 7 published on 2014-01-01
no entries appear in the Federal Register after this date.