Section 3.13.120. Request for approval of change of control.

	(a)  A request for approval of change of control required by AS 06.55.404 must include a comprehensive description of the proposed change. The description must set out   
		(1) the identity of each person acquiring control under the proposed change;   
		(2) the ownership interest and managerial authority of each person in control under the proposed change; and   
		(3) for each new person in control under the proposed change, biographical information, including employment history for the immediate previous five years.   
	(b)  Any request under AS 06.55.404(e) for an exemption from any of the requirements of AS 06.55.404(a)(2) and (3) must be received by the department at least 30 days before the proposed change of control, and must set out the grounds on which the request relies.  

Authorities

06.55.404;44.33.020

Notes

Authority

AS 06.55.404 AS 44.33.020 ________________________

History

Eff. 7/12/2008, Register 187