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LRB096 10741 ASK 23602 a |
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| party.
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| (2) The same person acts as a qualifying party
for one |
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| licensed entity and its licensed subsidiary.
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| "Subsidiary" as used in this Section means a corporation of |
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| which at least
25% is owned by another licensee.
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| (b) In the event that a qualifying party is terminated or |
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| terminating his or her
status
as qualifying party of a |
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| licensee, the qualifying party and the licensee shall
notify |
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| the Department of that fact in writing. Thereafter, the |
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| licensee shall
notify the Department of the name and address of |
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| the newly designated
qualifying party. The newly designated |
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| qualifying party must take the
examination prescribed in |
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| Section 3.5 of this Act. These
requirements shall be met in a |
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| timely manner as established by rule of the
Department. |
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| (c) A qualifying party that is accepted by the Department |
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| shall have the authority to act for the licensed entity in all |
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| matters connected with its roofing contracting business and to |
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| supervise roofing installation operations. This authority |
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| shall not be deemed to be a license for purposes of this Act. |
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| (d) Designation of a qualifying party by an applicant under |
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| Section 3 is subject to acceptance by the Department. The |
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| Department may refuse to accept a qualifying party (i) for |
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| failure to qualify as required under this Act and the rules |
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| adopted under this Act or (ii) after making a determination |
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| that the designated party has a history of acting illegally, |
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| fraudulently, incompetently, or with gross negligence in the |
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09600SB1339sam001 |
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LRB096 10741 ASK 23602 a |
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| roofing or construction business. |
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| (e) The Department may, at any time after giving |
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| appropriate notice and the opportunity for a hearing, suspend |
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| or revoke its acceptance of a qualifying party designated by a |
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| licensee for any act or failure to act that gives rise to any |
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| ground for disciplinary action against that licensee under |
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| Section 9.1 or 9.6 of this Act. If the Department suspends or |
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| revokes its acceptance of a qualifying party, the license of |
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| the licensee shall be deemed to be suspended until a new |
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| qualifying party has been designated by the licensee and |
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| accepted by the Department. |
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| If acceptance of a qualifying party is suspended or revoked |
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| for action or inaction that constitutes a violation of this Act |
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| or the rules adopted under this Act, the Department may in |
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| addition take such other disciplinary or non-disciplinary |
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| action as it may deem proper, including imposing a fine on the |
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| qualifying party, not to exceed $10,000 for each violation. |
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| All administrative decisions of the Department under this |
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| subsection (e) are subject to judicial review pursuant to |
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| Section 9.7 of this Act. An order taking action against a |
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| qualifying party shall be deemed a final administrative |
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| decision of the Department for purposes of Section 9.7 of this |
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| Act.
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| (Source: P.A. 91-950, eff. 2-9-01 .)
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| Section 99. Effective date. This Act takes effect upon |