(a) A person desiring to be licensed as a contractor under this article shall submit to the board a written application requesting licensure, providing the applicant's social security number and such other information as the board may require on forms supplied by the board. The applicant shall pay a license fee not to exceed $150: Provided, That electrical contractors already licensed under §29-3B-4 of this code shall pay no more tehan $20. (b) No license may be issued without examination pursuant to this subsection: Provided, That any person issued a contractor's license by the board pursuant to this subsection may apply to the board for transfer of the license to a new business euntity in which the license holder is the principal owner, partner, or corporate officer: Provided, however, That a license holder may hold a license on behalf of only one busintess entity during a given time period. The board may transfer the license issued pursuant to this subsection to the new business entity without requiring examination of the license holder.
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