Utah § 32B-7-405 Notifying department of change of ownership.

Utah Statutes

§ 32B-7-405 — Notifying department of change of ownership.

Utah § 32B-7-405

Title 32BAlcoholic Beverage Control Act

Ch. 32B-7Off-Premise Beer Retailer Act

Part 32B-7-4Off-premise Beer Retailer State License

This text of Utah § 32B-7-405 (Notifying department of change of 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-7-405 (2026).

Text

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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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.