SECTION .0600 - REPORTING AND NOTIFICATION REQUIREMENTS

 

04 NCAC 03L .0601          AMENDMENTS TO INFORMATION ON FILE WITH THE COMMISSIONER

(a)  A licensee shall notify the Commissioner within 30 days of any material change to information which it submitted to the Commissioner, whether provided in its initial application, in its request for annual renewal, or in any other report or information otherwise provided to the Commissioner.

(b)  Notification shall be accomplished by letter or by revision or modification of the appropriate portions of the application (whether initial or renewal).  If the licensee elects to revise or modify its initial application or annual renewal statement, it shall do so on pages obtained from the Commissioner.

(c)  For the purposes of this Rule, the term "material" shall mean any information which would be likely to influence the granting, revocation, or expiration of a license hereunder.  The term "material" shall include, but not be limited to:

(1)           changes in the licensee's corporate officers, partners, or business structure;

(2)           changes in the address of the licensee's main or branch offices and any names under which the licensee operates; or

(3)           changes which would render untrue, inaccurate, or misleading any of the disclosures made by the licensee in its application pursuant to Rule .0201 of this Subchapter.

 

History Note:        Authority G.S. 53-278; 53-283; 53-284; 53-288; 53C-2-1; 53C-2-2;

Eff. July 1, 2000.