The Florida Senate

494.004  Requirements of licensees.--

(1)  Each licensee under ss. 494.003-494.0043 shall report, in writing, any conviction of any crime or administrative violation that involves fraud, dishonest dealing, or any other act of moral turpitude, in any jurisdiction, by the licensee or any natural person named, pursuant to s. 494.0031(3), not later than 30 days after the conviction or final administrative action.

(2)  Each licensee under ss. 494.003-494.0043 shall report any action in bankruptcy, voluntary or involuntary, to the department not later than 7 business days after the action is instituted.

(3)  Each licensee under ss. 494.003-494.0043 shall report any change in the form of business organization or any change of a person named, pursuant to s. 494.0031(3), to the department in writing not later than 30 days after the change is effective.

(4)  A license issued under ss. 494.003-494.0043 is not transferable or assignable.

History.--ss. 27, 50, ch. 91-245; s. 4, ch. 91-429.