New York Codes, Rules and Regulations
Title 9 - EXECUTIVE DEPARTMENT
Subtitle B - Division of Alcoholic Beverage Control
Chapter II - Rules of the Office of Cannabis Management
Part 120 - Application and Licensure
Section 120.10 - License Duration
Universal Citation: 9 NY Comp Codes Rules and Regs ยง 120.10
Current through Register Vol. 46, No. 39, September 25, 2024
(a) A license shall expire two (2) years after the date it is issued.
(b) A licensee may surrender its license prior to the expiration of such license; however, the surrender of the license shall not automatically invalidate or terminate any pending violations, charges, fines, or proceedings commenced against the licensee.
(c) A licensee surrendering its license shall provide its employees any lawfully required warnings of closures and layoffs.
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