Utah Code § 32B-18-401

License not to be pledged as security -- Prohibited changes, transfers, and
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moves.
(1) An alcohol licensee may not enter into any agreement under which the alcohol licensee
pledges the alcohol license as security for a loan or as security for the fulfillment of any
agreement.
(2) An alcohol licensee may not change, transfer, or move an alcohol license except as expressly
permitted under this chapter.
Renumbered and Amended by Chapter 447, 2022 General Session

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