Alaska Administrative Code
Title 12 - Professional Regulations
Part 1 - Boards and Commissions Subject to Centralized Licensing
Chapter 21 - Construction Contractors
Article 1 - Registration
12 AAC 21.045 - Changing sole proprietorships and partnerships
Universal Citation: 12 AK Admin Code 21.045
Current through February 24, 2025
(a) A registered contractor that is a sole proprietorship that forms a partnership for the purpose of engaging in the contracting business must apply for a new registration under this section. The partnership must submit
(1) a complete application for a new
registration, on a form provided by the department;
(2) the applicable fees established in
12 AAC 02.180;
(3) either a new surety bond or an
endorsement to the surety bond on file with the department, as required by
AS
08.18.071;
(4) evidence of new public liability and
property damage insurance, as required under
AS
08.18.101;
(5) if applicable, evidence of workers'
compensation insurance as required under
AS
08.18.101.
(b) One or more partners of a dissolved partnership may continue to do business under the same business name as the dissolved partnership as a sole proprietorship, or with different partners as a new partnership, by submitting
(1) a complete
application for a new registration, on a form provided by the
department;
(2) the applicable fees
established in
12 AAC 02.180;
(3) either a new surety bond or an
endorsement to the surety bond on file with the department, as required by
AS
08.18.071;
(4) evidence of new public liability and
property damage insurance, as required under
AS
08.18.101;
(5) if applicable, evidence of workers'
compensation insurance as required under
AS
08.18.101.
Authority:AS 08.01.080
AS 08.18.021
AS 08.18.051
AS 08.18.071
AS 08.18.101
AS 44.33.020
Disclaimer: These regulations may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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