Florida Administrative Code
61 - DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
61G4 - Construction Industry Licensing Board
Chapter 61G4-15 - CERTIFICATION AND REGISTRATION
Section 61G4-15.0021 - Business Organizations

Universal Citation: FL Admin Code R 61G4-15.0021

Current through Reg. 50, No. 060; March 26, 2024

(1) For purposes of this rule practice as an individual is considered practice as a business organization. After the licensee qualifies one business organization, any request to qualify another business organization is subject to approval by the Board.

(2) If the business organization has a financially responsible officer, the financially responsible officer shall comply with the requirement of subsection 61G4-15.006(1), F.A.C., and shall provide to the Department a bond or irrevocable letter of credit, in the amount of $100,000 payable to the Board for fines and costs.

(3)

(a) The applicant seeking to qualify an additional business organization must appear before the Board unless the applicant otherwise qualifies for approval, and:
1. The applicant owns 20% or greater of the proposed business organization; or

2. The applicant demonstrates unequivocally that the applicant has been hired as a W-2 employee of the proposed business.

(b) Any applicant applying to qualify an additional business organization that will result in the applicant qualifying three or more business organizations must appear before the Board.

(4) Qualification of a business organization is only effective as to that business organization; subsidiaries or parents of qualified business organizations must be separately qualified.

Rulemaking Authority 489.108 FS. Law Implemented 455.213, 489.103, 489.105, 489.115, 489.119, 489.1195 FS.

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