Code of Alabama § 34-10-4 - License Not Transferable; Admission of Partners or Changes in Corporation

Section 34-10-4

License not transferable; admission of partners or changes in corporation.

No license granted under the terms of this chapter shall be transferable, but an employment agency may, with the approval of the Commissioner of Revenue, at any time, incorporate or admit a partner or partners to the business or profession or make changes in a corporation, but no employment agency shall permit any person not mentioned in the application for a license to become connected with the employment agency, as a partner or as an officer of a corporation, unless the written consent of the Commissioner of Revenue shall first be obtained. Such consent may be withheld only for a reason for which an original application for a license might have been rejected, if the person or persons in question had been mentioned therein.

(Acts 1965, 1st Ex. Sess., No. 224, p. 304, §4.)

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Last modified: November 15, 2016