W. Va. Code R. § 142-8-11 - Sale Or Transfer Of Certificate Of Authority Or License Prohibited
11.1. No holder of
a certificate of authority or license to sell preneed funeral contracts may
sell or transfer such certificate of authority or license to any other
person.
11.2. No holder of a
certificate of authority or license to sell preneed funeral contracts shall
transfer such certificate of authority or license to another business location
without first notifying the Department.
11.3. In the event that the holder of a
certificate of authority is other than a natural person, the Department shall
be notified of any sale or transfer of the stock or assets of such an entity.
Any substantial change in corporate ownership shall, in the Department's
discretion, necessitate application for a new certificate of
authority.
Notes
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