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2023 Utah Code
Title 32B - Alcoholic Beverage Control Act
Chapter 11 - Manufacturing and Related Licenses Act
Part 6 - Local Industry Representative License Act
Section 609 - Notifying department of change in ownership.
Universal Citation: UT Code § 32B-11-609 (2023)
Effective 5/3/2023
32B-11-609. Notifying department of change in ownership.
The commission may suspend, revoke, or deem forfeited a local industry representative license if a local industry representative licensee does not notify the department, within 60 days after the day on which the change occurs, of a change in:
Amended by Chapter 371, 2023 General Session
32B-11-609. Notifying department of change in ownership.
The commission may suspend, revoke, or deem forfeited a local industry representative license if a local industry representative licensee does not notify the department, within 60 days after the day on which the change occurs, 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.
Amended by Chapter 371, 2023 General Session
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