Louisiana Contractors License 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 400

How long do you have to replace a qualifying party after a termination?

30 days

60 days

In Louisiana, when a qualifying party is terminated from a business entity holding a contractor's license, the entity is given a specific time frame to replace that individual. The correct choice of 60 days aligns with Louisiana state regulations that dictate a business has this duration to appoint a new qualifying party. This is crucial for maintaining the validity of the contractor's license and ensuring compliance with state laws. Failing to replace the qualifying party within this time frame can lead to regulatory issues, including potential loss of the contractor's license, thereby impacting the ability to continue business operations legally. Understanding this time limit is essential for contractors to remain compliant and avoid any disruptions in their ability to work on projects.

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90 days

120 days

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