How many days does a license need to requalify with a new qualifying party after a disassociation?

A license needs to requalify with a new qualifying party within 60 days after a disassociation. This timeframe is established to ensure that businesses maintain compliance with regulatory standards and continue to operate under qualified supervision. Promptly obtaining a new qualifying party helps prevent any gaps in oversight, which is crucial for the business’s legal and operational integrity.

Selecting 60 days aligns with the requirement to ensure that licensees remain compliant with state regulations. The longer period allows sufficient time for proper due diligence in selecting an appropriate qualifying party who meets the necessary experience and qualification standards. The shorter options do not provide adequate time for organizations to properly evaluate candidates and complete the required documentation for requalifying under a new qualifying party. Thus, 60 days is the most practical and legally sound choice.