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If an incomplete contract exists at the time of death of a contractor, within how many days must the person completing the contract notify the board?

  1. 15 days

  2. 30 days

  3. 45 days

  4. 60 days

The correct answer is: 30 days

In the event of a contractor's death while a contract remains incomplete, the governing regulations require that the individual taking over the contract must notify the appropriate board within a specified timeframe. This requirement is in place to ensure that there is transparency regarding the status of the contract and to facilitate any necessary administrative actions related to the contractor's license. Notifying the board within 30 days allows for a prompt update on the contractor's status, enabling the board to ensure that all legal obligations are met and that the project continues without undue delay. It is also crucial in maintaining standards and enforcing regulations within the contracting industry, as it provides the board with the information it needs to assess the continuation of the contract under the new operator. This time frame strikes a balance between urgency and a reasonable period to gather necessary documentation and information about the contract's status. While the other options suggest different periods, they do not align with the specified regulations in this context.