Change of name — change of control — notice and approval required.

1. A licensee shall submit a notice of name change and a twenty-five dollar fee for each license to the administrator thirty days prior to changing the name of the licensee. 2. The prior written approval is required whenever a change in control of a licensee or registrant is proposed. For purposes of this section , “control” means as defined in section 524.103 . The administrator may require the licensee to provide any information deemed necessary by the administrator to determine whether a new application is required. At the time of requesting the approval, the licensee or registrant requesting the change of control shall pay to the administrator a fee of one hundred dollars. 2006 Acts, ch 1042, §18