An organization ceases to exist as an entity eligible for a license upon all of the following except what?

An organization remains eligible for a license despite the termination of a key employee because the entity itself continues to exist legally and can function independently of that individual. Organizations like corporations, partnerships, and associations are structured to operate without relying solely on one specific individual, even if that person plays a significant role.

In contrast, the dissolution of a corporation, co-partnership, or association indicates that the organization has ceased to function or exist as a legally recognized entity. When these forms of organizations dissolve, they no longer hold the capacity to be licensed because they are effectively no longer in existence. The key distinction here is that while personnel changes (like the termination of an employee) can impact operations, they do not necessarily affect the legal status or eligibility for licensing of the organization itself.