A center license is not assignable or transferable. If a change of ownership occurs, the license holder’s license becomes invalid on the date DADS acknowledges the change of ownership. The prospective new license holder must obtain a license. An application for a center license when there is a change of ownership is an application for an initial license.
- Completed applications for a change of ownership must be submitted 30 days before the anticipated date of the sale or transfer.
License Application Required Documents
- Form 3720-P, Application for State License to Operate a PPECC
- A letter of credit for $250,000 from a bank that is insured by the Federal Deposit Insurance Corporation (FDIC)
- Management Company Agreement, if applicable
- Copy of written notification to the local health authority that the applicant is submitting a license application to DADS
- A copy of an approved inspection of the center by the local fire marshal
- Property documents (lease, sublease or deed)
- A copy of the results of the PPECC pre-licensure computer-based training for the administrator
- Required legal entity documents for applicant (and management company if applicable).§ See attachment A of form 3720 instructions.
- Completed, signed and notarized Form 3725, Change of Ownership Affidavit