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2011 Utah Code
Title 32B Alcoholic Beverage Control Act
Chapter 11 Manufacturing and Related Licenses Act
Section 609 Notifying department of change in ownership.

32B-11-609. Notifying department of change in ownership.
The commission may suspend or revoke a local industry representative license if a local industry representative licensee does not immediately notify the department of a change in:
(1) ownership of the business;
(2) for a corporate owner, the:
(a) 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) managers; or
(b) members owning at least 20% of the limited liability company.

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