Utah Statutes
§ 32B-18-204 — Notifying department of change in ownership.
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
The commission may suspend, revoke, or deem forfeited an alcohol license if the alcohol licensee does not notify the department, within 60 days after the day on which the change occurs, of a change in:
(1)ownership of the business entity holding the alcohol license;
(2)for a corporate owner, the:
(2)(a) corporate officers or directors of the alcohol licensee; or
(2)(b) shareholders holding at least 20% of the total issued and outstanding stock of the corporation; or
(3)for a limited liability company:
(3)(a) managers of the limited liability company; or
(3)(b) members owning at least 20% of the limited liability company.
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Legislative History
Amended by Chapter 371, 2023 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.