Utah Statutes
§ 32B-18-201 — Transferability of an alcohol license.
Utah·Title 32B Alcoholic Beverage Control Act·Ch. 32B-18 Change of Alcohol License or Location Act·Part 32B-18-2 Alcohol License Changes of Ownership
(1)An alcohol license:
(1)(a) is not ascribed any value in the sale or transfer of a business entity or the business entity's assets;
(1)(b) is neither tangible nor intangible property to the holder of the license; and
(1)(c) is completely separate from other property of an alcohol licensee.
(2)The Legislature may terminate or modify the existence of any type of alcohol license.
(3)Except as provided in this part, a person may not sell, transfer, assign, exchange, barter, give, or attempt in any way to dispose of the alcohol license to another person whether for monetary gain or not.
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Legislative History
Renumbered and Amended by Chapter 447, 2022 General Session
Nearby Sections
15
§ 32B-1-101
Title.§ 32B-1-102
Definitions.§ 32B-1-103
Policy.§ 32B-1-104
Exercise of police powers -- Severability.§ 32B-1-202
Proximity to community location.§ 32B-1-202.1
Proximity for certain hotel and arena licensees.§ 32B-1-203
Licensee compliance with other laws.§ 32B-1-204
Powers of local authority.§ 32B-1-206
Advertising prohibited -- Exceptions.§ 32B-1-208
Percentage lease agreements.§ 32B-1-301
Title.§ 32B-1-302
Definitions.