When must a licensee submit an application for changes in officers or directors after such a change is made?

A licensee is required to submit an application for changes in officers or directors within 30 days of such a change. This timeline is set to ensure that the licensing authority maintains up-to-date records regarding the ownership and management of a contracting business, which is crucial for regulatory compliance and accountability in the construction industry. Regular updates help to uphold the integrity of the licensing system and ensure that only qualified individuals are managing contracts and associated responsibilities. Meeting this timeframe is essential for the licensee to avoid potential penalties or complications with their licensing status.