If a partner on an ACO license dies or breaks away from the ACO partnership, and the other partner notifies BSIS within 30 days, for how long will that ACO license remain in force before it is cancelled?

If a partner on an ACO license dies or breaks away from the ACO partnership, and the other partner notifies BSIS within 30 days, for how long will that ACO license remain in force before it is cancelled?

• A. 60 days
• B. 90 days
• C. 180 days
• D. 120 days

Answer: (D)

BSIS provides a finite window to handle a change in partnership for an Alarm Company Operator license. When a partner dies or withdraws, the surviving partner must notify BSIS within 30 days. After that prompt notice, the license remains in force for 120 days to allow the business to complete the ownership change or make the necessary arrangements. This keeps operations continuous while the change of ownership is processed. If the required changes aren’t completed within those 120 days, the license can be canceled. That’s why 120 days is the correct timeframe.

BSIS provides a finite window to handle a change in partnership for an Alarm Company Operator license. When a partner dies or withdraws, the surviving partner must notify BSIS within 30 days. After that prompt notice, the license remains in force for 120 days to allow the business to complete the ownership change or make the necessary arrangements. This keeps operations continuous while the change of ownership is processed. If the required changes aren’t completed within those 120 days, the license can be canceled. That’s why 120 days is the correct timeframe.