24 Va. Admin. Code § 20-121-80 - Transferability of school licenses
A. A change in ownership shall require an
application for an original license along with the documents and fees required
under these regulations, which shall be submitted to the department at least 30
days in advance of the effective date of the change. The school shall not
operate under the change in ownership until an original license has been issued
by the department reflecting the new ownership.
B. School licenses are not transferable; they
shall not be sold, loaned, bartered or given by a licensee or an agent of a
licensee to another school, individual, association, partnership or
corporation.
Notes
Statutory Authority
§§ 46.2-203 and 46.2-1703 of the Code of Virginia.
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