Delaware Administrative Code
Title 4 - Alcoholic Beverage Control
Department of Safety and Homeland Security
Office of the Alcoholic Beverage Control Commissioner
300 - Owner and Financial Interests; Trade Names
301 - (Formerly Rule 3) A Requiring Prior Approval by the Commissioner of Changes in Ownership, Officers, or Directors, Financial Interest, or Lease
Section 301-2.0 - Change of ownership of corporation or club solely through the sale of shares of stock by stockholders
Universal Citation: 4 DE Admin Code 301-2.0
Current through Register Vol. 28, No. 3, September 1, 2024
When a corporation or club is involved and the change of ownership is being made solely through the sale or exchange of the shares of stock by stockholders, the corporation or club and the stockholders shall comply with subsection 1.2 above and file a statement consenting to the change in ownership signed and sealed by the president and secretary currently approved by the Commissioner.
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