61G4-15.0021. Business Organizations  

Effective on Wednesday, October 2, 2019
  • 1(1) 2For purposes of this rule practice as an individual is considered practice as a business organization. After the licensee qualifies one business organization, any request to qualify another business organization is subject to approval by the Board.

    39(2) If the business organization has a financially responsible officer, the financially responsible officer shall comply with the requirement of subsection 6061G4-15.006(1), 61F.A.C., and shall provide to the Department a bond or irrevocable letter of credit, in the amount of $100,000 payable to the Board for fines and costs.

    89(3)(a) The applicant seeking to qualify an additional business organization must appear before the Board unless the applicant otherwise qualifies for approval, and:

    1121. The applicant owns 20% or greater of the proposed business organization; or

    1252. The applicant demonstrates unequivocally that the applicant has been hired as a W-2 employee of the proposed business where the business is currently qualified or was previously qualified within 90 days of submitting the application.

    161(b) Any applicant applying to qualify an additional business organization that will result in the applicant qualifying three or more business organizations must appear before the Board.

    188(4) Qualification of a business organization is only effective as to that business organization; subsidiaries or parents of qualified business organizations must be separately qualified.

    213Rulemaking Authority 215489.108 FS. 217Law Implemented 219455.213, 220489.105, 221489.115, 222489.119, 223489.1195, 224489.143 FS. 226History–New 12-6-83, Formerly 21E-15.021, Amended 3-29-88, 8-8-88, 9-24-92, 12-28-92, Formerly 21E-15.0021, Amended 7-18-94, 7-5-95, 11-12-95, 2-6-96, 7-1-96, 9-3-96, 11-27-96, 11-13-97, 9-15-98, 7-7-05, 1-23-06, 10-22-06, 2-12-08, 12-13-09, 2-28-19, 10-2-19.