N.Y. AGM Law § 512
This is the official text of N.Y. AGM Law § 512, part of New York’s AGM Law — part of the compiled statutory law of New York, published by the state as "AGM Law." Browse the sections below, each linked to its official government source.
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Transferability; change in ownership or control
Official statutory text
§ 512. Transferability; change in ownership or control. 1. Licenses\nissued under this article are not transferable, absent written consent\nof the commissioner.\n 2. A license shall become void by a change in ownership, substantial\ncorporate change or change of location or acreage grown without prior\nwritten approval of the commissioner. The commissioner may promulgate\nrules and regulations allowing for certain types of changes in ownership\nwithout the need for prior written approval.\n
Status: in_force · Read it on the official government site
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