Utah § 32B-14-304 Sale or transfer of business assets or ownership.

Utah Statutes

§ 32B-14-304 — Sale or transfer of business assets or ownership.

Utah § 32B-14-304

Title 32BAlcoholic Beverage Control Act

Ch. 32B-14Utah Beer Industry Distribution Act

Part 32B-14-3Operational Provisions

This text of Utah § 32B-14-304 (Sale or transfer of business assets or ownership.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 32B-14-304 (2026).

Text

(1)Without the prior written approval of a sale or transfer by the supplier:

(1)(a) a wholesaler may not sell or transfer its business, or any portion of its business, including the distributorship agreement, to a successor in interest; and

(1)(b) the owner of an interest in a wholesaler may not sell or transfer all or part of the owner's interest in the wholesaler to a successor in interest.

(2)A supplier may not unreasonably withhold or delay its approval of a sale or transfer, including the wholesaler's rights and obligations under the terms of the distributorship agreement, if the person to be substituted meets reasonable standards that are imposed:

(2)(a) by the supplier pursuant to the distributorship agreement; and

(2)(b) on other wholesalers of that supplier of the same general

Free access — add to your briefcase to read the full text and ask questions with AI

(1) Without the prior written approval of a sale or transfer by the supplier:

(1)(a) a wholesaler may not sell or transfer its business, or any portion of its business, including the distributorship agreement, to a successor in interest; and
(1)(b) the owner of an interest in a wholesaler may not sell or transfer all or part of the owner's interest in the wholesaler to a successor in interest.
(2) A supplier may not unreasonably withhold or delay its approval of a sale or transfer, including the wholesaler's rights and obligations under the terms of the distributorship agreement, if the person to be substituted meets reasonable standards that are imposed:

(2)(a) by the supplier pursuant to the distributorship agreement; and
(2)(b) on other wholesalers of that supplier of the same general class, taking into account the size and location of the sales territory and market to be served.
(3) Notwithstanding Subsection (1), a wholesaler may not violate Subsection 32B-13-301(8).