Montana HB92 revises alcohol regulation laws, including security interests in licenses and restrictions on sales and purchases.
Montana HB92 revises laws related to alcohol regulation, focusing on security interests in alcoholic beverage licenses and restrictions on sales and purchases. The bill allows regulated lenders to obtain security interests in alcoholic beverage licenses to secure loans. It mandates that the person holding the security interest must notify the department of the licensee's default and either apply to transfer the license or place it on nonuse status.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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