A change of the commercial pledgee shall be applied for if the reorganisation of the commercial pledgee (legal person) has been completed or the undertaking of the commercial pledgee (joint property) has transferred to another person.

^{* The statutory time limit for examining documents may be extended on the basis of Section 64, Paragraph two of the Administrative Procedure Law.}

Documents to be submitted:

• application - it shall be submitted by completing the application form on the commercial pledge e-service site https://komerckila.ur.gov.lv;
• authorisation to sign an application (if the application is signed by an authorised person, the authorisation shall be certified notarially or an authorisation shall be appended to the application with a secure electronic signature of the provider thereof);
• a receipt or a copy thereof, or a printout of an Internet bank payment, or information regarding payment of the State fee.

The new commercial pledgee shall notify the commercial pledgee within 30 days from registration regarding registration of the change of the commercial pledgee, indicating the information specified in Section 7 of the commercial pledge Law.