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N.Y. Cannabis Law § 100

Transferability; amendment to license; change in ownership or control

2023-04-07

§ 100. Transferability; amendment to license; change in ownership or\ncontrol. 1. Licenses issued under this article are not transferable,\nabsent written consent of the board.\n 2. Upon application of a licensee, a license may be amended to add or\ndelete permitted activities.\n 3. A license shall become void by a change in ownership, substantial\ncorporate change or change of location without prior written approval of\nthe board. The board may make regulations allowing for certain types of\nchanges in ownership without the need for prior written approval.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.