Within what timeframe must a non-QM PPO company owner notify BSIS if their QM quits?

The requirement for a non-QM (Non-Qualified Manager) PPO (Private Patrol Operator) company owner to notify the Bureau of Security and Investigative Services (BSIS) if their Qualified Manager (QM) quits is set at a timeframe of 30 days. This rule is in place to ensure that the BSIS is kept informed about the management structure of security companies, which helps maintain oversight and compliance within the private security industry.

The significance of this notification is anchored in the necessity for all security firms to have a responsible individual with the appropriate qualifications actively overseeing operations. This ensures that the company adheres to the standards and regulations established by the state for private security services. By requiring a 30-day notification period, it allows sufficient time for the company owner to seek out a replacement and ensures that the BSIS can manage records appropriately.

The intervals of time offered in the other options are either too short or too long compared to the regulatory requirements outlined in the act, which specifically designates the 30-day notification window as the correct period for compliance in such situations.