Utah Statutes
§ 32B-7-405 — Notifying department of change of ownership.
Utah·Title 32B Alcoholic Beverage Control Act·Ch. 32B-7 Off-Premise Beer Retailer Act·Part 32B-7-4 Off-premise Beer Retailer State License
The commission may suspend or revoke an off-premise beer retailer state license if an off-premise beer retailer state licensee does not immediately notify the department of a change in:
(1)ownership of the licensee's business;
(2)for a corporate owner, a shareholder holding at least 20% of the total issued and outstanding stock of the corporation; or
(3)for a limited liability company, a member owning at least 20% of the limited liability company.
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Legislative History
Enacted by Chapter 455, 2017 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.