§ 32B-8a-102. Definitions. (Effective 7/1/2014)

Latest version.

As used in this chapter:

(1) "Business entity" means a corporation, partnership, limited liability company, sole proprietorship, or similar entity.

(2) "Transfer fee" means a fee described in Section 32B-8a-303.

(3) "Transferee" means a person who intends to hold a retail license after the transfer of the retail license if the transfer is approved by the commission under this chapter.

(4) "Transferor" means a retail licensee who intends to transfer a retail license held by the retail licensee if the transfer is approved by the commission under this chapter.

Revisor instructions Chapter 349, 2013 General Session
Enacted by Chapter 334, 2011 General Session

                    
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