I am a licensed contractor in AZ. I recently sold my business, contacts, name, and assets. I want to dissolve my s corp but what happens if a complaint is filed against my old licence?
Unfortunately, this has to be answered by an Arizona attorney as it is an issue of State law.
In Florida, all corporations doing construction have to be "qualified" by a licensed contractor. If you are the "qualifier" for the business, you are responsible for complying with the statutory duties of a "qualifier" whether or not you are the owner. If the company you are qualifying violates the statutes regulating construction, the qualifier could lose his/her license.
It is critical that you review this issue with a local attorney experienced with construction law in your home state.
