Utah Admin. Code R708-2-19 - Change in Ownership
(1) When any
ownership change occurs in a school, the school shall immediately notify the
division in writing by the new owner and a new application shall be submitted
as specified in Section
R708-2-4.
(2) An application shall be considered a
renewal when one or more of the original licensees remain as a part owner of
the school.
(3) When the change in
ownership involves a new applicant not named in the application for the most
recent school license issued, the license shall be considered a new
application.
(4) The division may
permit continuance of operation of the school by the current licensee pending
processing of the application made by the new applicant to whom ownership of
the school is to be transferred.
(5) Upon issuance of a new school license,
the prior license shall be immediately surrendered to the division.
Notes
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