§ 58-89A-80. License not assignable; change of name or location.

357 words·~2 min read·/nc/chapter-58/58-89a-80

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(a)A licensee shall not conduct business under any name other than that specified in the license. A license issued under this Article is not assignable. A licensee shall not conduct business under any fictitious or assumed name without prior written authorization from the Commissioner. The Commissioner shall not authorize the use of a name that is so similar to that of a public office or agency or to that of another licensee that the public may be confused or misled by the name's use. A licensee shall not conduct business under more than one name unless the licensee has obtained a separate license for each name or the licensee is operating under a group license pursuant to G.S. 58-89A-35.

(b)Except as provided in this subsection, a licensee may change the licensee's licensed name only once in a calendar year by notifying the Commissioner and paying a fee for the change of name. The fee for a name change shall be fifty dollars ($50.00). A licensee may change the licensee's name without the payment of the name change fee if the name change is submitted with the information required by G.S. 58-89A-70(d). If a licensee has changed its name once during a calendar year, the licensee shall not change its name again unless the name change is approved by the Commissioner.

(c)A licensee shall notify the Commissioner in writing within 30 days of any change in the status of the licensee, including:

(1)Any change in the location of the licensee's primary business office;

(2)The addition of or change in the location of any other business offices providing professional employer services in this State; and

(3)A change in the location of business records maintained by the licensee.

(d)A licensee may advertise in this State using only the name that is on the license issued by the Commissioner.

(e)Each written proposal provided to a prospective client company and each PEO agreement between a licensee and a client company or assigned employee shall clearly identify the name of the licensee. (2004-162, s. 1.)