A change of ownership has occurred when the entity holding the license changes. Pursuant to 480.043(9)(a), Florida Statutes:
A license issued to an individual, a partnership, a limited liability company, or another entity may not be transferred from the licensee to another individual, corporation, limited liability company, or another entity.
Some examples of change of ownership include:
- A license originally issued to an individual (sole proprietor), where the individual has changed.
- A license originally issued to an individual (sole proprietor) which now operates under a Limited Liability Company or Corporation.
- A license originally issued to a partnership where the partners have changed.
- A license issued to a Limited Liability Company whose members have changed.
- A license issued to a Corporation which has dissolved and reincorporated.