61G4-15.0024. Supervision of Business Entities  


Effective on Wednesday, May 2, 2012
  • 1Documentation of one or more of the following factors in an application to qualify a business entity will demonstrate to the Board, absent evidence to the contrary, that an applicant possesses the ability to properly supervise the proposed additional business entity for purposes of the application:

    47(1) The applicant to qualify an additional business owns 20% or more of the business to be qualified;

    65(2) The applicant to qualify an additional business is a W2 employee of the business to be qualified; or

    84(3) Other evidence of the means and methods utilized by the applicant to ensure control over the construction work of the proposed additional entity.

    108Rulemaking Authority 110489.108, 111489.119 FS 113Law Implemented 115489.108, 116489.119 FS 118History–New 5-2-12.  

     

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