Michigan Administrative Code
Department - Licensing and Regulatory Affairs
Liquor Control Commission
Liquor Control Commission General Rules
Section R. 436.1049 - Transfer of license or corporate stock while an alleged violation is pending final disposition

Universal Citation: MI Admin Code R. 436.1049

Current through Vol. 24-04, March 15, 2024

Rule 49.

(1) If the licensee has been cited in a violation report, a transfer of a license shall not be completed before final disposition of the alleged violation.

(2) If the licensee has been cited in a violation report, a transfer of more than 10% in the aggregate of the stock of a licensed corporation or a transfer of 10% or more in the aggregate of the membership in a limited liability company shall not be completed before final disposition of the alleged violation.

(3) A licensee shall not transfer a license, transfer an interest in a license, or remove a license from escrow with the commission until that licensee has paid all outstanding fines, fees, or charges levied by the commission, except upon prior written order of the commission.

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