Section 302 – Notifying the department of change of ownership.

Effective 5/14/2019
32B-17-302. Notifying the department of change of ownership.
The commission may suspend or revoke a liquor transport license if a liquor transport licensee does not immediately notify the department of a change in:

• (1) ownership of the liquor transport service;

• (2) for a corporate owner:
  • (a) the corporate officers or directors; or
  • (b) shareholders holding at least 20% of the total issued and outstanding stock of the corporation; or

• (3) for a limited liability company:
  • (a) the managers; or
  • (b) the members owing at least 20% of the limited liability company.

Enacted by Chapter 403, 2019 General Session