12 AAC 21.050. Incorporation

A registered contractor that is a sole proprietorship or partnership that forms a corporation for the purpose of engaging in the contracting business must apply for a new registration under this section. The corporation 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, workers' compensation insurance as required under AS 08.18.101 .

History: Eff. 7/2/77, Register 62; am 1/22/2004, Register 169

Authority: AS 08.18.011

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