N.Y. Agriculture & Markets Law § 512 – Transferability; change in ownership or control | Midpage
512
N.Y. Agriculture & Markets Law § 512
Transferability; change in ownership or control
Effective Mar 13, 2020
1. Licenses issued under this article are not transferable, absent written consent of the commissioner.
2. A license shall become void by a change in ownership, substantial corporate change or change of location or acreage grown without prior written approval of the commissioner. The commissioner may promulgate rules and regulations allowing for certain types of changes in ownership without the need for prior written approval.