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Current as of January 01, 2024 | Updated by Findlaw Staff
No brewer may unreasonably withhold consent to any assignment, transfer, or sale of the wholesaler's business whenever the wholesaler to be substituted meets the material and reasonable qualifications and standards required of the brewer's wholesalers.
No brewer may unreasonably refuse, withhold, or unduly delay its approval of the issuance, sale, or transfer by a corporate beer wholesaler of its capital stock or any other corporate equity or debt security.
Cite this article: FindLaw.com - North Dakota Century Code Title 5. Alcoholic Beverages § 5-04-06. Assignment, transfer, or sale of business - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-5-alcoholic-beverages/nd-cent-code-sect-5-04-06/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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