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
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.