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// CODE SNIPPET

§28-408.6.4 Ownership Limitations

NYC General Admin. Provisions 2014 > 4 Licensing and Registration of Businesses, Trades and Occupations Engaged in Building Work > 408 Master Plumber License > §28-408.6 Master Plumber Business > §28-408.6.4 Ownership Limitations
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An individual who is a licensed master plumber whose interest or ownership in a master plumber business constitutes any portion of the 51 percent interest or control required by this section 28-408.6 shall be allowed to possess an interest or ownership in only one other master plumber business, where such interest or ownership would constitute any portion of the 51 percent interest or control required by this section 28-408.6. Both master plumber businesses in which the licensed master plumber has an interest shall be located at the same place of business. For the purposes of this section 28-408.6, where two or more individuals who are licensed master plumbers possess an interest or ownership in any master plumber business which together represents more than 51 percent of the interest or control of such entity, all of such licensees shall be deemed to possess a portion of the 51 percent interest or control required by this section 28-408.6.

Related Code Sections


§28-408.6.4 Licensing and Registration of Businesses, Trades and Occupations Engaged in Building Work, Ownership Limitations
An individual who is a licensed master plumber whose interest or ownership in a master plumber business constitutes any portion of the 51 percent ...
NYC General Admin. Provisions 2008 > 4 Licensing and Registration of Businesses, Trades and Occupations Engaged in Building Work > 408 Master Plumber License > §28-408.6 Master Plumber Business > §28-408.6.4 Ownership Limitations
§28-408.6.4 Licensing and Registration of Businesses, Trades and Occupations Engaged in Building Work, Ownership Limitations
An individual who is a licensed master plumber whose interest or ownership in a master plumber business constitutes any portion of the 51 percent ...
NYC General Admin. Provisions 2014 > 4 Licensing and Registration of Businesses, Trades and Occupations Engaged in Building Work > 408 Master Plumber License > §28-408.6 Master Plumber Business > §28-408.6.4 Ownership Limitations
§28-408.6.4 Licensing and Registration of Businesses, Trades and Occupations Engaged in Building Work, Ownership Limitations
An individual who is a licensed master plumber whose interest or ownership in a master plumber business constitutes any portion of the 51 percent ...
NYC General Admin. Provisions 2022 > 4 Licensing and Registration of Businesses, Trades and Occupations Engaged in Building Work > 408 Master Plumber License > §28-408.6 Master Plumber Business Required > §28-408.6.4 Ownership Limitations
§28-410.7.4 Licensing and Registration of Businesses, Trades and Occupations Engaged in Building Work, Ownership Limitations
An individual who is a licensed master fire suppression piping contractor whose interest or ownership in a master fire suppression piping contractor ...
NYC General Admin. Provisions 2022 > 4 Licensing and Registration of Businesses, Trades and Occupations Engaged in Building Work > 410 Master Fire Suppression Piping Contractor License > §28-410.7 Master Fire Suppression Piping Contractor Business Required > §28-410.7.4 Ownership Limitations
§28-410.8.4 Licensing and Registration of Businesses, Trades and Occupations Engaged in Building Work, Ownership Limitations
An individual who is a licensed master fire suppression piping contractor whose interest or ownership in a master fire suppression piping contractor ...
NYC General Admin. Provisions 2008 > 4 Licensing and Registration of Businesses, Trades and Occupations Engaged in Building Work > 410 Master Fire Suppression Piping Contractor License > §28-410.8 Master Fire Suppression Piping Contractor Business Required > §28-410.8.4 Ownership Limitations
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