Question

Each registrant shall notify the executive secretary of the Board in writing of any change in majority ownership of the operation for which the registration was issued within ___ days after the date the change in ownership becomes effective.

A) 5 days
B) 10 days
C) 15 days
D) 30 days

Answer 1

The correct notification period after a change in ownership as requested by the student is not provided in the references. Related information suggests a substantial notice period, such as the 60 days required for employers to notify before plant closings or large layoffs.

Step-by-step explanation:

Based on the information provided, which pertains to regulations regarding the notification of changes in a company's operations, the correct answer to how many days after a change in majority ownership becomes effective a registrant must notify the executive secretary of the Board in writing is not explicitly provided in the provided references. However, in a similar context of employer obligations, it requires employers with more than 100 employees to provide written notice 60 days before plant closings or large layoffs. This may suggest the notification period for other changes, such as ownership, could also be substantial, but without specifying the exact number of days, we can only consider this as a related example.