Utah Code § 59-31-202
Issuance of license
Redline — January 1, 2025 → current.View current text →
Current — January 1, 2027
As of January 1, 2025
(1) The commission shall issue a license to sell a cannabinoid product to a retailer that submits an application, on a form created by the commission, that includes: (a) the retailer's name; (b) the address of the location permitted under Section 4-41-103.3 where the retailer sells the cannabinoid product; and (c) any other information the commission requires to implement this chapter.
(1) The commission shall issue a fixed location license to sell a specialized product to a retailer that submits an application, on a form created by the commission, that includes: (a) the retailer's name; (b) the address of the location permitted under Section 4-41-103.3 or Section 4-45-104 where the retailer sells the specialized product; and (c) any other information the commission requires to implement this chapter.
(2) A license is: (a) valid at only one fixed business address; (b) valid for three years; (c) valid only for a physical location; and (d) renewable if a licensee meets the criteria for licensing described in Subsection (1).
(2) A fixed location license is: (a) valid at only one fixed business address; (b) valid for three years; and (c) renewable if a licensee meets the criteria for licensing described in Subsection (1).
(3)
(a) The commission shall require a retailer that is responsible under this part for the collection of tax on a cannabinoid product to post a bond.
(b) Subject to Subsection (3)(c), the commission shall determine the form and amount of the bond.
(c) The minimum amount of the bond shall be $500.
(4) In accordance with Title 63G, Chapter 3, Utah Rulemaking Authority, the commission may make rules to establish the additional information described in Subsection (1)(c) that a retailer shall provide in the application described in Subsection (1).
(3) The commission may charge a $50 fee for issuing or renewing a license under this section to offset the costs of administration.
(4) The license under this section is in addition to a permit required under Section 4-41-103.3.
(5) (a) The commission shall maintain a public list that includes the identity of each retailer licensed under this section. (b) The list shall: (i) include the type of license possessed; and (ii) be updated by the commission at least once per quarter.
(6) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the commission may make rules necessary to administer this chapter, including rules to:
(a) issue a temporary, nonrenewable license to a fixed location license holder; and
(b) establish the additional information described in Subsection (1)(c) that a retailer shall provide in the application described in Subsection (1).
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.