Section 32B-18-201 - Transferability of an alcohol license(1) An alcohol license:(a) is not ascribed any value in the sale or transfer of a business entity or the business entity's assets;(b) is neither tangible nor intangible property to the holder of the license; and(c) is completely separate from other property of an alcohol licensee.(2) The Legislature may terminate or modify the existence of any type of alcohol license.(3) Except as provided in this part, a person may not sell, transfer, assign, exchange, barter, give, or attempt in any way to dispose of the alcohol license to another person whether for monetary gain or not.Renumbered from § 32B-8a-201 by Chapter 447, 2022 General Session ,§ 64, eff. 6/1/2022.Amended by Chapter 291, 2021 General Session ,§ 22, eff. 5/5/2021.Amended by Chapter 219, 2020 General Session ,§ 44, eff. 5/12/2020.Amended by Chapter 349, 2013 General Session ,§ 10, eff. 7/1/2014.Amended by Chapter 1, 2012SP4 General Session ,§ 7, eff. 6/25/2012.Enacted by Chapter 334, 2011, 2011 General Session See Chapter 349, 2013 General Session , § 14.