§ 72.6. Change in status of cigarette dealers business.
A cigarette dealer shall immediately inform the Department, in writing, prior to or immediately after:
(1) Taking actions that would change any information on the dealers license application or as last reported to the Department, including a change of name or, if the dealer is a corporation or partnership, a change in the dealers officers, directors or partners.
(2) Filing a certificate of dissolution with the Department of State or filing a similar document in another jurisdiction.
(3) Filing a voluntary petition in bankruptcy or receivership or receiving notice of an involuntary bankruptcy petition.
(4) Merging or consolidating with another business.
(5) Terminating business activities.
(6) If the dealer is a corporation, the acquisition by any person or entity of 10% or more of the number of shares of voting stock of the corporation.
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