Code of Federal Regulations (Last Updated: October 10, 2024) |
Title 27 - Alcohol, Tobacco Products and Firearms |
Chapter I - Alcohol and Tobacco Tax and Trade Bureau, Department of the Treasury |
SubChapter A - Alcohol |
Part 31 - Alcohol Beverage Dealers |
Subpart H - Changes in Registration Information |
Changes Requiring Registration as a New Business |
§ 31.121 - Sale of business.
Latest version.
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§ 31.121 Sale of business.
Under this part, registration is personal to the one who registered and is not transferable from one dealer to another. Where a change occurs in the proprietorship of a business for which registration has been completed, the successor must register as a new business.