New York § 512 Transferability; change in ownership or control

New York Statutes

§ 512 — Transferability; change in ownership or control

New York § 512

Law AGMAgriculture & Markets

Art. 29Growth of Hemp

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Bluebook

N.Y. Agriculture & Markets § 512 (2026).

Text

§ 512. Transferability; change in ownership or control.

1.Licenses\nissued under this article are not transferable, absent written consent\nof the commissioner.\n 2. A license shall become void by a change in ownership, substantial\ncorporate change or change of location or acreage grown without prior\nwritten approval of the commissioner. The commissioner may promulgate\nrules and regulations allowing for certain types of changes in ownership\nwithout the need for prior written approval.\n

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§ 512. Transferability; change in ownership or control. 1. Licenses\nissued under this article are not transferable, absent written consent\nof the commissioner.\n 2. A license shall become void by a change in ownership, substantial\ncorporate change or change of location or acreage grown without prior\nwritten approval of the commissioner. The commissioner may promulgate\nrules and regulations allowing for certain types of changes in ownership\nwithout the need for prior written approval.\n