In case of death or disassociation of an ACO license with partnership, which of the following statements is correct?

• A. Notify within 60 days; license remains in force for 120 days; auto cancels at end of 120; If no notification within 60 days auto cancels.
• B. Notify within 15 days; license remains in force for 60 days; auto cancels after 60 days.
• C. Notify within 45 days; license remains in force for 30 days; auto cancels after 30 days.
• D. Notify within 30 days; license remains in force for 90 days; end of 90 auto cancels; If no notification within 30 days auto cancels.

Answer: (D)

When a partnership-based Alarm Company Operator license is affected by death or a partner disassociating, the licensing rules specify a clear timeline to protect clients and allow a proper transition. The rule is to notify the licensing authority within 30 days. After that notification, the license remains in force for 90 days to give the business time to settle affairs or restructure, such as appointing a new qualifying person or winding down operations. At the end of that 90-day period, the license automatically cancels if no further action has been taken. If no notification is given within the initial 30 days, the license cancels automatically then.

This is the best answer because it matches the required 30-day notification window and the 90-day grace period with automatic cancellation at the end, ensuring continuity is managed or appropriately halted. The other options mix different timeframes that don’t align with these regulatory requirements, which would either shorten or lengthen the transition period and fail to provide the proper public protection and orderly disposition of the license.