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2010 SESSION
HB 792 Professional and Occupational Regulation, Department of; issuance of temporary licenses, etc.
Introduced by: James M. LeMunyon | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED HOUSE:
Temporary licenses and certificates. Authorizes the regulatory boards within the Department of Professional and Occupational Regulation to issue a temporary license or certification to an applicant who holds a comparable license or certification issued by another state. A temporary license or certification shall be valid for not more than 45 days. SB474 is identical.
SUMMARY AS INTRODUCED:
Foreign business entities; temporary certificates. Establishes a mechanism for the State Corporation Commission to issue a temporary certificate of authority to transact business in the Commonwealth to a foreign stock or nonstock corporation that (i) has applied for a certificate of authority to transact business and paid the applicable fee and (ii) is in good standing in the state where it is incorporated. The temporary certificate shall be issued without additional charge and shall be valid for 30 days or until the Commission has issued the permanent certificate, whichever occurs first. A similar provision is established for foreign limited liability companies.