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(a) If the name under which a contractor is registered requires change, the contractor shall return the certificate of registration under the old name to the department for cancellation and shall submit
(1) an application for name change on a form provided by the department;
(2) a properly executed rider to the bond and insurance on file with the department that shows the surety for the bond and insurance has extended coverage under the new name; and
(3) the fee established in 12 AAC 02.180.
(b) If the address under which a contractor is registered requires change, the contractor shall notify the department in writing. A duplicate certificate of registration reflecting the new address will be provided upon request and payment of the duplicate license fee established by 12 AAC 02.105.
(c) A contractor shall continue to do business under the name which is registered until a certificate of registration issued in the new name has been received from the department.
(d) Failure to comply with this section may result in the contractor being considered in violation of AS 08.18.011 or 08.18.051 and subject to the penalties provided for in AS 08.18.141 and AS 08.18.151 .
History: Eff. 7/2/77, Register 62; am 4/3/88, Register 105
Authority: AS 08.01.080
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Last modified 7/05/2006