Current through the 2024 Fourth Special Session
Section 4-30-108 - Transfer of livestock market license permitted - Conditions(1) No livestock market license is transferable to another person without the prior approval of the commissioner. (2) A change in the membership of a partnership or association, or the sale or transfer of a 25% or greater interest in the stock ownership of a corporate livestock market shall be considered a transfer of the livestock market license and is subject to the requirements of this section.(3) Application to allow transfer of a livestock market license shall be made to the department on a form prescribed and furnished by the department.(4) The commissioner may grant a transfer of the license: (a) if the proposed transferee meets all the requirements specified for an original license in Section 4-30-105; and(b) based on the criteria specified in Section 4-30-107.Renumbered from § 4-30-7 and amended by Chapter 345, 2017 General Session ,§ 302, eff. 7/1/2017.Amended by Chapter 298, 1999 General Session.