031-3 Wyo. Code R. §§ 3-8 - Transfer of Accounts Upon Sale of the Business
(a)
Upon the sale of the business, a licensee shall not transfer or sell any of its
accounts to another licensee until the notices required by Section 7.(b) of
this Chapter have been made.
(b) No
other licensee shall purchase or take over the accounts, either wholly or in
part, of a licensee who is going out of business without receiving evidence
that the requirements of Section 7.(b) have been complied with OR without
assuming, by agreement, the responsibility of completing the requirements of
Section 7.(b) of this Chapter.
Notes
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