Earlier source heading: Transferability, license amendment and change in ownership or control
Source version current through Jul 31, 2022
Later State Register activity may affect this section.
Dated saved text. This source is available for reading; it is not presented as current law.
Source details
- NYCRR title agency
- Executive Department
- Section status
- Dated saved text
- Effective date
- Jul 27, 2023
- Source version current through
- Jul 31, 2022
- Text saved
- Jun 6, 2026
- Publisher current-through date
- Jul 31, 2022
- Source captured
- Sep 13, 2026
- Stored text comparison
- Matches the captured source text
- Related Register notice
- OCM-32-23-00031-EP · Emergency and proposed rule
- Related notice published
- Aug 9, 2023
- Related notice effective date
- Jul 27, 2023
Official change receipt OCM-32-23-00031-EP
Unofficial text saved June 6, 2026. Related State Register notice: [notice](https://dos.ny.gov/system/files/documents/2023/08/080923.pdf). Related notice dates: published August 9, 2023; notice effective date July 27, 2023. The effect of the related notice on this saved text has not been confirmed.
(a)Licenses issued under this Part shall be effective only for the licensee and shall specify the following information:
(1)name of the licensee;
(2)address of the real property, or if applicable the online retailer website, where the licensed activities may take place;
(3)date of issuance;
(4)date of expiration;
(5)license number; and
(6)list of activities the licensee is permitted to perform under the license.
(b)Licenses shall not be transferable or assignable without prior written approval of the office including, without limitation, to another licensee. A change in majority ownership or controlling interest in the license or person holding the license, shall constitute a transfer of the license.
(c)To obtain approval from the office for the transfer of a license, a transferee must submit an application to the office, in a manner prescribed by the office, demonstrating an ability to operate the license in compliance with this Part, along with an application fee pursuant to section 114.2 or 114.3 of this Part.
(d)The office may deny an application for transfer of a license if the application fails to demonstrate that the transferee will comply with all of the requirements of this Part, or if the licensee has a record of poor performance, meaning 2 or more violations pursuant to section 114.17 of this Part, within the past 2 years.
(e)A licensee may amend a license to add or delete permitted activities or change the location of a licensed facility by submitting a written request to the office along with an application fee pursuant to section 114.2 or 114.3 of this Part.
(f)A request to add permitted activities shall be reviewed by the office in accordance with section 114.4 of this Part.