Okla. Stat. tit. 37A, § 37A-2-155
This is the official text of Okla. Stat. tit. 37A, § 37A-2-155, part of Oklahoma’s Stat. tit. 37A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 37A,." Browse the sections below, each linked to its official government source.
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Sale or transfer of financial interest in a licensed
Official statutory text
premises by mixed beverage or on-premises beer and wine licensees.
A. If a mixed beverage licensee sells or otherwise transfers
the licensee's financial interest in a licensed premises to another
party who obtains a mixed beverage license for the premises, any
alcoholic beverages on the premises may be transferred to the new
licensee. Provided, if the premises are not in continuous operation
as a mixed beverage establishment prior to and during the transfer
of financial interest in the premises, the transfer of alcoholic
beverages shall be limited to alcoholic beverages in the original
container which have not been opened and which have not had the seal
broken and the original cap or cork removed.
B. If an on-premises beer and wine licensee sells or otherwise
transfers the licensee's financial interest in a licensed premises
to another party who obtains an on-premises beer and wine license
for the premises, any beer and wine on the premises may be
transferred to the new licensee. Provided, if the premises are not
in continuous operation as a beer and wine establishment prior to
and during the transfer of financial interest in the premises, the
transfer of beer and wine shall be limited to beer and wine in the
original containers which have not been opened and which have not
had the seal broken and the original cap or cork removed.
C. There shall be no liability on the part of, and no cause of
action of any nature shall arise against the ABLE Commission for the
contents of any alcoholic beverages transferred pursuant to the
provisions of this section.
A. If a mixed beverage licensee sells or otherwise transfers
the licensee's financial interest in a licensed premises to another
party who obtains a mixed beverage license for the premises, any
alcoholic beverages on the premises may be transferred to the new
licensee. Provided, if the premises are not in continuous operation
as a mixed beverage establishment prior to and during the transfer
of financial interest in the premises, the transfer of alcoholic
beverages shall be limited to alcoholic beverages in the original
container which have not been opened and which have not had the seal
broken and the original cap or cork removed.
B. If an on-premises beer and wine licensee sells or otherwise
transfers the licensee's financial interest in a licensed premises
to another party who obtains an on-premises beer and wine license
for the premises, any beer and wine on the premises may be
transferred to the new licensee. Provided, if the premises are not
in continuous operation as a beer and wine establishment prior to
and during the transfer of financial interest in the premises, the
transfer of beer and wine shall be limited to beer and wine in the
original containers which have not been opened and which have not
had the seal broken and the original cap or cork removed.
C. There shall be no liability on the part of, and no cause of
action of any nature shall arise against the ABLE Commission for the
contents of any alcoholic beverages transferred pursuant to the
provisions of this section.
Status: in_force · Read it on the official government site
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