Utah Code Ann. § 32B-7-405

Notifying department of change of ownership.

Effective May 9, 2017Enacted by Chapter 455, 2017 General Session

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. (1) ownership of the licensee's business;
  2. (2) for a corporate owner, a shareholder holding at least 20% of the total issued and outstanding stock of the corporation; or
  3. (3) for a limited liability company, a member owning at least 20% of the limited liability company.

Enacted by Chapter 455, 2017 General Session

Log InSign Up