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Utah Code § 32B-18-401

License not to be pledged as security -- Prohibited changes, transfers, and moves

Utah · Utah Code Title 32B — Alcoholic Beverage Control Act · Status: effective

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Utah Code § 32B-18-401, License not to be pledged as security -- Prohibited changes, transfers, and moves, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2335103
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(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.