Title 4 Chapter 30 Section 7
| << Previous Section (4-30-6) | Download Options: PDF | RTF | WordPerfect | Next Section (4-30-7.5) >> |
Utah Agricultural Code | |
Livestock Markets | |
Section 7 | Transfer of livestock market license permitted -- Conditions. |
|
4-30-7. 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 it. (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 4-30-4; and (b) based on the criteria specified in Section 4-30-6. Amended by Chapter 298, 1999 General Session | |
| << Previous Section (4-30-6) | Download Options: PDF | RTF | WordPerfect | Next Section (4-30-7.5) >> |