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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) No person may purchase or otherwise acquire a retail license unless the commissioner has first approved of such person's qualifications to hold a retail license, which qualifications shall be the same as those required under section eight of this article.
(b) No person may sell, assign or otherwise transfer a retail license without the prior written approval of the commissioner. For purposes of this section, the merger of a retail licensee or the sale of more than fifty percent of the outstanding stock of or partnership interests in the retail licensee shall be deemed to be a sale, assignment or transfer of a retail license under this section.
Cite this article: FindLaw.com - West Virginia Code Chapter 60. State Control of Alcoholic Liquors § 60-3A-14. Sale, assignment or transfer of retail license - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-60-state-control-of-alcoholic-liquors/wv-code-sect-60-3a-14/
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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