new text begin Change in ownership. new text end

new text begin (a) If the commissioner determines that there is a change in ownership, the commissioner shall require submission of a new license application. This subdivision does not apply to a licensed program or service located in a home where the license holder resides. A change in ownership occurs when: new text end

new text begin (1) the license holder sells or transfers 100 percent of the property, stock, or assets; new text end

new text begin (2) the license holder merges with another organization; new text end

new text begin (3) the license holder consolidates with two or more organizations, resulting in the creation of a new organization; new text end

new text begin (4) there is a change to the federal tax identification number associated with the license holder; or new text end

new text begin (5) all controlling individuals associated with the original application have changed. new text end

new text begin (b) Notwithstanding paragraph (a), clauses (1) and (5), no change in ownership has occurred if at least one controlling individual has been listed as a controlling individual for the license for at least the previous 12 months. new text end