What is the time frame for a license holder to notify the board of a change in business address?

A license holder must notify the board of a change in business address not later than 14 days. This requirement ensures that the board has up-to-date information for all licensed entities, which is crucial for regulatory purposes, communication, and compliance monitoring. Timely updates help maintain the integrity of the licensing process and ensure that any necessary correspondence or notifications reach the business promptly.

The requirement to notify within 14 days establishes a clear and manageable timeline for license holders to carry out their responsibilities, which is essential in maintaining good standing with the licensing authority. Being proactive about these updates prevents potential issues such as lapses in communication or failure to receive important information about the licensee's status.

Other options suggest either a shorter or longer time frame, or in some cases imply notification should happen before a change occurs, which is impractical once the change has already taken place. The definitive 14-day requirement helps standardize the process and sets expectations for compliance among license holders.