Ark. Code Ann. § 3-4-217

Transfer or assignment

Applied in 2 court decisions — leading case Smith v. Ferguson (1990)

Most recently applied in Blann v. Alcoholic Beverage Control Board (May 1994)

Acts 1935, No. 108, Art. 3, §§ 8, 9; Pope's Dig., §§ 14112, 14113; Acts 1953, No. 49, § 1; A.S.A. 1947, §§ 48-312, 48-313.

(1) No permit shall be transferable or assignable.

(2) No permit shall be pledged or deposited as collateral security for any loan or upon any other condition. Any pledge or deposit and any contract providing therefor shall be void.

(3) A permit issued to any person, pursuant to this chapter, for any premises shall not be transferable to any other person or to any other premises or to any other part of the building containing the permitted premises. It shall be available only to the person therein specified and only for the premises permitted and no other.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.