Section 3.306.045. Application for transfer of a license to another person.

	(a)  A person may not receive or transfer a marijuana establishment license or a controlling interest in a marijuana establishment license issued to a partnership, including a limited partnership, a limited liability company, a corporation, or a local government, without applying for and receiving the written consent of the board. Transfer of a license includes a sale of all or part of the interest of an individual owner.  
	(b)  An application for transfer of a marijuana establishment license, or of a controlling interest in a marijuana establishment license issued to a partnership, a limited liability company, a corporation, or a local government, must be filed in writing on a form the board prescribes, in compliance with the application procedure set out in 3 AAC 306.025. The application must name the current holder of the marijuana establishment license and the proposed transferee, including all persons listed in 3 AAC 306.020 if the transferee is a partnership, limited liability company, a corporation, or a local government. The application must contain  
		(1) the same information about each transferee as is required of an applicant for a new license under 3 AAC 306.020;  
		(2) a statement, under oath, executed by the current holder of the marijuana establishment license, listing all debts of the business, all taxes the business owes, current contact information for each creditor, and an affirmation that the current holder of the marijuana establishment license has submitted a copy of the transfer application to all creditors; and  
		(3) any other information required by the board for the type of marijuana establishment license sought to be transferred.  
	(c)  When the board receives a complete application for transfer of a license to another person, the director shall immediately send written notice of the proposed transfer to  
		(1) each listed creditor of the current holder of the marijuana establishment license, along with the amount shown as owed to that creditor;  
		(2) the local government in the area in which the licensed premises are located;  
		(3) the community council if the licensed premises are located within the boundary of a community council established by municipal charter or ordinance; and  
		(4) any nonprofit community organization that has requested notification in writing.  
	(d)  A current holder of a marijuana establishment license must submit a license renewal application before or at the same time as an application for a transfer of a marijuana establishment license that is submitted after April 30 and before July I.  

Authorities

17.38.010;17.38.070;17.38.121;17.38.150;17.38.190;17.38.200;17.38.900

Notes

Reference

3 AAC 306.040
3 AAC 306.920

Authority

AS 17.38.010 AS 17.38.070 AS 17.38.121 AS 17.38.150 AS 17.38.190 AS 17.38.200 AS 17.38.900

History

Eff. 2/21/2016, Register 217