Assigning License

Pat75

Member
Location
Maryland
Occupation
Electrician
Hi guys. I recently retired, master electrician, and I've had a couple people ask me if I'd be interested in assigning my license to their service company. I'm a little nervous about liability.
Has anyone done this? What's the legality of it (Maryland) ? If it's done, how does compensation work.
A few extra dollars would be nice.....but ....
 
What would your roll be as the license holder?
That's a great question. I want it to be providing a means for him to pull permits. But, in reality, my concern is if my license is attached to their company, I become responsible for the outcome of all electrical work they do....
 
With life time liability and most likely you would not be able up to check on every job they used your license for I would never do it. Would rather flip hamburgers for minimum wage in retirement then walk a slippery tight rope. Like I stated in earlier.post several times while at the supply house had so called contractors ask me to pull permits for them. Would pay me cash. Told them even if they paid me my weight in gold would never pull a permit.
 
I don't know how it works in Maryland but in many states you would have to be actively associated with the company as an employee or available to supervise daily operations. IOWs in the office.
 
That's a great question. I want it to be providing a means for him to pull permits. But, in reality, my concern is if my license is attached to their company, I become responsible for the outcome of all electrical work they do....
Even if your arrangement is legal you would still assume the liability as the license holder.
 
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