Current through the 2024 Fourth Special Session
Section 32B-18-401 - License not to be pledged as security - Prohibited changes, transfers, and moves(1) An alcohol licensee may not enter into any agreement under which the alcohol licensee pledges the alcohol license as security for a loan or as security for the fulfillment of any agreement.(2) An alcohol licensee may not change, transfer, or move an alcohol license except as expressly permitted under this chapter.Renumbered from § 32B-8a-501 by Chapter 447, 2022 General Session ,§ 74, eff. 6/1/2022.Amended by Chapter 291, 2021 General Session ,§ 27, eff. 5/5/2021.Amended by Chapter 219, 2020 General Session ,§ 52, eff. 5/12/2020.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.