Administrative Rules of Montana
Department 42 - REVENUE
Chapter 42.12 - LIQUOR LICENSES AND PERMITS
Subchapter 42.12.1 - License Applications
Rule 42.12.144 - TRANSFERS BETWEEN QUOTA AREAS - PROCEDURES AND DOCUMENTATION
Universal Citation: MT Admin Rules 42.12.144
Current through Register Vol. 6, March 22, 2024
(1) An applicant applying to the department to transfer an all-beverages license under the provisions of 16-4-204, MCA, may negotiate a bona fide sale with the owner of a license, located in a quota area from which that license may be transferred, to purchase a license and, if no competitive bidding is required, shall submit;
(a) an application for transfer of ownership
and location in compliance with ARM
42.12.209
and
42.12.210;
(b) documents required for the
application pursuant to ARM
42.12.101
to be considered a complete application as defined in ARM
42.12.106;
(c) a request for termination of existing
secured parties' interest, if applicable;
(d) other documents which may be needed or
specified on the application form or during the license investigation process;
and
(e) other documents deemed
necessary by the department or hearing examiner to reach a final
decision.
(2) A fully executed purchase agreement and a request for termination of secured parties' interests are not required upon initial filing of the application.
AUTH: 16-1-303, 16-4-204, MCA; IMP: 16-4-204, 16-4-413, MCA
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