4-45a-103. Applicants.
138 words·~1 min read·
/ut/title-4/chapter-45a/4-45a-103A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/6/2026
4-45a-103. Applicants.
(1)An applicant for a license shall provide the name and address of any individual who has:
(a)for a publicly traded company, a financial or voting interest of 10% or greater in the specialized product retailer;
(b)for a privately held company, a financial or voting interest in the specialized product retailer; or
(c)the power to direct or cause the management or control of the specialized product retailer.
(2)The department may not issue a license to an applicant if an individual described in Subsection
(1)has been convicted under state or federal law of:
(a)a felony in the preceding 10 years;
(b)a crime involving a nicotine containing product; or
(c)after December 3, 2018, a misdemeanor or felony for drug distribution.
Enacted by Chapter 420 , 2026 General Session