What document must be filed with the department for the assignment of a company license to a deceased owner's heir?

Study for the Texas DPS PSB Qualified Manager Exam. Practice with flashcards and multiple choice questions. Each question includes hints and explanations. Prepare for your exam confidently!

The requirement to file a copy of the owner's death certificate when transferring a company license to a deceased owner's heir is based on the need to provide official proof of the owner's death. This document substantiates the claim that the original owner is no longer able to maintain ownership, thereby allowing the heir the legal right to inherit and transfer the applicable licenses.

In such situations, the state needs clear documentation to ensure that the transition of the business license is managed properly and legally, adhering to the regulations set forth by the Texas Department of Public Safety (DPS) and the Private Security Bureau (PSB). This ensures that the interests of the public and the operating integrity of licensed businesses are preserved.

The other options, while potentially relevant in various licensing contexts, do not specifically address the immediate necessity of verifying the owner’s death for the purpose of transferring the license. An affidavit of ownership might affirm the heir's rights but would not serve as conclusive proof of death. A completed application form is needed for new applicants or other changes, but it doesn’t clarify the situation regarding a deceased owner. A business continuity plan relates to the operational flow of the company but does not pertain directly to legal claims of ownership transfer in the wake of a death. Thus, submitting

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