Section 303 – Change of location fees.
Effective 6/1/2022 32B-18-303. Change of location fees. (1) The department shall charge a $300 fee for a change in location of an alcohol licensee’s licensed premises. (2) The department shall deposit a fee collected under Subsection (1) in the Liquor Control Fund. Enacted by Chapter 447, 2022 General Session
Section 401 – License not to be pledged as security — Prohibited changes, transfers, and moves.
Effective 6/1/2022 32B-18-401. License not to be pledged as security — Prohibited changes, transfers, and moves. (1) An alcohol licensee may not enter into any agreement under which the alcohol licensee pledges the alcohol license as security for a loan or as security for the fulfillment of any agreement. (2) An alcohol licensee may not […]
Section 402 – Effect of change, transfer, or move in violation of this chapter.
Effective 6/1/2022 32B-18-402. Effect of change, transfer, or move in violation of this chapter. (1) If an alcohol license is changed, transferred, or moved in violation of this chapter, the commission may: (a) void the change, transfer, or move; and (b) require the alcohol license to be forfeited. (2) Subsection (1) is in addition to […]
Section 201 – Transferability of an alcohol license.
Effective 6/1/2022 32B-18-201. Transferability of an alcohol license. (1) An alcohol license: (a) is not ascribed any value in the sale or transfer of a business entity or the business entity’s assets; (b) is neither tangible nor intangible property to the holder of the license; and (c) is completely separate from other property of an […]
Section 202 – Effect of change of ownership of business entity.
Effective 6/1/2022 32B-18-202. Effect of change of ownership of business entity. (1) (a) When the ownership of 51% or more of the shares of stock of a corporation is restructured to include one or more persons who did not hold the ownership of 51% of those shares of stock on the day on which an […]
Section 203 – Application — Approval process.
Effective 6/1/2022 32B-18-203. Application — Approval process. (1) (a) A person seeking an alcohol license in accordance with this part that is currently held by another person shall submit to the department: (i) a written application for a new license in a form prescribed by the department; and (ii) a fee in accordance with Section […]
Section 204 – Notifying department of change in ownership.
Effective 6/1/2022 32B-18-204. Notifying department of change in ownership. The commission may suspend or revoke 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 […]
Section 205 – Management agreements — Inventory transfers.
Effective 6/1/2022 32B-18-205. Management agreements — Inventory transfers. (1) (a) A management agreement may provide for the sharing of revenue from a business utilizing an alcohol license if, regardless of which party holds the alcohol license, all parties to the management agreement qualify under Section 32B-1-304 to hold the license. (b) The parties to a […]
Section 206 – Operational requirements for change of ownership or location.
Effective 6/1/2022 32B-18-206. Operational requirements for change of ownership or location. (1) (a) Except as provided in Subsections (1)(b) and (c), operations of an alcohol licensee shall begin within 30 days after the day on which the commission approves a change of ownership for the alcohol license. (b) The department may grant an extension of […]
Section 207 – Change fees.
Effective 6/1/2022 32B-18-207. Change fees. (1) The department shall charge the following fees for a change of ownership under this part: (a) for a change of ownership of an alcohol license from an alcohol licensee to another person, the change fee equals the initial license fee amount specified in the relevant chapter or part for […]