2013 Kentucky Revised Statutes
CHAPTER 243 - ALCOHOLIC BEVERAGES -- LICENSES AND TAXES
243.045 Issuance of transitional license by Division of Malt Beverages or Division of Distilled Spirits -- Limitations or use.

Download as PDF 243.045 Issuance of transitional license by Division of Malt Beverages or Division of Distilled Spirits -- Limitations or use. (1) (2) (3) (4) A transitional license may be issued by the director of the Division of Malt Beverages or the director of the Division of Distilled Spirits during the time a transfer of an ongoing business is being processed under the following conditions: (a) The purchaser shall file an application for a permanent license with the appropriate local alcoholic beverage authority and with the department; (b) The purchaser shall advertise its intention to apply for a license pursuant to KRS 243.360; and (c) The purchaser shall pay all application fees for the permanent license. If the above requirements are met, the director of the Division of Malt Beverages or the director of the Division of Distilled Spirits, as appropriate, shall have the discretion to issue a transitional license with a term of up to sixty (60) days, plus one (1) thirty (30) day extension period, to the purchaser for a processing fee set forth in KRS 243.030 to 243.040. All transitional licenses immediately expire upon the issuance to the purchaser of one (1) or more permanent licenses. Upon completion of the sale of the business, the purchaser shall not operate the business on the seller's license. The transitional license shall not be transferable or used for an application to move a business from one (1) location to another location. Effective:July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 565, effective July 15, 2010. -Created 2006 Ky. Acts ch. 79, sec. 1, effective July 12, 2006.