(a) A license issued under this title may not be transferred to another person except with the written consent of the board.

Terms Used In Alaska Statutes 04.11.040 v2

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
(b) A license or permit issued under this title may not be transferred to a new location except with the written consent of the board.
(c) A person may not receive or transfer controlling interest in a liquor license issued to a partnership, including a limited partnership, a limited liability organization, or a corporation under this title, except with the written consent of the board.
(d) A person who transfers a license or permit or a controlling interest in a license or permit in violation of this section commits the offense of unauthorized transfer of an alcoholic beverage license or permit.
(e) Unauthorized transfer of an alcoholic beverage license or permit is a violation.
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