Code · Utah · Title 32B — Alcoholic Beverage Control Act · Chapter 13

32B-13-302. Notifying the department of a change of ownership.

97 words·~1 min read·/ut/title-32b/chapter-13/32b-13-302

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The commission may suspend or revoke a beer wholesaling license if a beer wholesaler licensee does not immediately notify the department of change in:

(1)ownership of the beer wholesaler licensee;

(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.

Enacted by Chapter 276 , 2010 General Session