Ga. Comp. R. & Regs. R. 553-4-.04 - Licensure Requirements for a Joint Venture to Operate in the Business of General Contracting

A joint venture is considered a separate and distinct organization for licensing purposes under this chapter and must be qualified and licensed in accordance with the general contractor division's rules and regulations either:

(a) In its own name as a separate business organization; or

(b) By each of the members of the joint venture doing business as a general contractor holding, as an individual or as a business organization acting through its qualifying agent, a valid and current general contracting license issued by the general contractor division. Each such licensed individual or qualifying agent shall be considered a qualifying agent of such joint venture. It shall be unlawful for any person, firm, corporation, or association to operate a business organization or entity as a joint venture engaged in the business of general contracting after July 1, 2007, without first obtaining a license from the general contractor division, except as provided for in O.C.G.A. § 43-41-17(b).

Notes

Ga. Comp. R. & Regs. R. 553-4-.04

O.C.G.A. Secs. 43-41-5, 43-41-9.

Original Rule entitled "Licensure Requirements for a Joint Venture to Operate in the Business of General Contracting" adopted. F. Oct. 14, 2005; eff. Nov. 3, 2005.