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How to fill out the Type V Ownership Change Application - Airlines Reporting ... online
Filling out the Type V Ownership Change Application is an essential process for individuals seeking to change ownership of an ARC-accredited agency. This guide provides comprehensive, step-by-step instructions to ensure you complete the application accurately and efficiently.
Follow the steps to successfully complete the application online.
- Press the ‘Get Form’ button to access the application form and open it in your preferred online editor.
- Enter the preparer's information in the designated fields, including the name, business name, street address, city, state, zip code, email address, and telephone number.
- In Part 1, provide the current entity's designation by entering the Agency Code Number, legal name, doing business as (dba) name, address, email, and contact numbers.
- Outline locations affected by the ownership change, including the type of location and whether a dba name change is involved.
- List all owners, officers, or shareholders in the current ownership information section, ensuring that the total ownership percentage equals 100%.
- In Part 2, enter the proposed entity's legal name, dba name, address, email, website, and proposed agency type.
- If applicable, complete sections related to current ownership and affiliations, ensuring accurate and comprehensive disclosure.
- Complete parts about licenses and permits, ensuring you attach any necessary documents if your agency needs licenses to operate.
- Verify and submit parts related to security for traffic documents, designated bank account information, and access to bank accounts.
- Once all sections are completed, review the entire application for accuracy before the final submission. Submit any required personal history forms and necessary attachments.
- Finally, ensure you acknowledge and sign the certification sections of the application, and prepare to pay the processing fee of $2,000.
- Save changes, download, print, or share the form as needed for your records or submission.
Begin your online application today to ensure a smooth ownership change process.
Informing customers of a company name change involves creating a communication that outlines the reason for the change. It’s a good idea to explain how this new name aligns with your vision while maintaining continuity in your services. Utilize various channels, such as your website and social media, to ensure that customers receive this important update. Consider covering relevant details about the ‘Type V Ownership Change Application - Airlines Reporting’ to enhance understanding.
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