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MN SF2025

Bill

Official Source

Status

Introduced

2/23/2012

Primary Sponsor

Daniel Sparks

Click for details

Origin

Senate

87th Legislature 2011-2012

AI Summary

  • Requires licensed retailers transferring or liquidating a business to satisfy all debts owed to wholesalers before the transfer or sale becomes effective
  • Prohibits the commissioner from approving a business sale or transfer and prohibits the issuing authority from approving a license transfer unless wholesaler debts are paid
  • Defines any change in ownership or location of a licensed business as a sale or transfer subject to this requirement
  • Adds new section 340A.4155 to Minnesota Statutes, chapter 340A

Legislative Description

Liquor business or license transfer authorization

Last Action

Referred to Commerce and Consumer Protection

2/23/2012

Committee Referrals

Commerce and Consumer Protection2/23/2012

Full Bill Text

No bill text available