Code of Arkansas Rules Title 26 — Taxation
26 CAR § 200-306
Change in ownership
# (a)
In the event there is a change in ownership of twenty-five percent (25%) or more, the permit holder must resubmit the information required by this subpart.
# (b)
Said amended information shall be submitted to the Arkansas Tobacco Control within thirty (30) days of said change in ownership.
# (c)
If after review of the amended information, the Arkansas Tobacco Control Board determines that a permit would not have originally been granted to the legal entity had the original ownership and information been as reflected in the amended information, the board shall have the authority to revoke any permit, after a hearing.
# (d)
This section shall not apply to publicly traded corporations.
Source: view the official text
In this chapter (40 sections)
- 200-101 · Meeting of board
- 200-102 · Quorum
- 200-201 · Permit necessary for sale of cigarettes or other tobacco…
- 200-202 · Permit needed for each capacity
- 200-203 · Current address
- 200-204 · Forms for applications
- 200-205 · Application to be complete
- 200-206 · Replacement notice or transfer forms
- 200-207 · Posting of permits
- 200-208 · Records to be provided
- 200-209 · Definition of invoice
- 200-301 · Detailed information to be provided
- 200-302 · Wholesaler-in-fact
- 200-303 · Business location
- 200-304 · Price list to be kept
- 200-305 · Proof of financial responsibility
- 200-306 · Change in ownership
- 200-307 · Publication of application — New application
- 200-401 · Server awareness forms
- 200-402 · Prohibition on loose cigarette sales
- 200-403 · Online cigar sales
- 200-404 · Permit required
- 200-405 · Requirements for accepting order for delivery sale
- 200-406 · Requirements for shipping a delivery sale
- 200-407 · Common carriers
- 200-408 · Civil penalties
- 200-409 · Collection of taxes
- 200-501 · Written objections to be made
- 200-502 · Public hearing to be held after receipt of three objections
- 200-503 · Applicant to publish notice of hearing
- 200-601 · Permits to expire on June 30
- 200-602 · Expired permit
- 200-701 · Cash not accepted for payment of fees or permits
- 200-702 · No payments accepted by agents
- 200-703 · Permit fee schedule
- 200-801 · Location of vending machines
- 200-802 · List of locations of vending machines upon issuance or renewal
- 200-803 · Proof of bond
- 200-901 · Definitions
- 200-902 · Unlawful rebate