(a) No permit shall be transferable or assignable.
(b) 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.
(c) 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.
Structure Arkansas Code
Chapter 4 - Alcoholic Beverages Generally — Permits
Subchapter 2 - Issuance and Terms
§ 3-4-201. Number of permits restricted — Definition
§ 3-4-202. City and county licenses and taxes
§ 3-4-205. Interest in other permits prohibited — Exceptions
§ 3-4-206. Operation of retail liquor business near church or schoolhouse prohibited — Definitions
§ 3-4-208. Applications — Procedure for acceptance and determination
§ 3-4-209. Applications — Contents
§ 3-4-210. Applications — Notice requirements
§ 3-4-211. Applications — Protests
§ 3-4-212. Applications — Denial
§ 3-4-213. Applications — Appeals
§ 3-4-214. Contents of permits
§ 3-4-217. Transfer or assignment
§ 3-4-218. Permits restricted to permitted premises