When a reserve “Class
B” liquor license is not renewed and someone else applies for it or if
the establishment holding the license is sold to a new owner, does the
new owner/licensee have to pay the initial issuance fee of not less than
$10,000?
Yes. Each holder
of a reserve license is required to pay the initial issuance fee of not
less than $10,000 when the license is initially issued to that
particular licensee. However, if the reserve license is held by a
corporation and the corporation itself is sold and continues to hold the
license, then the corporation is not a new licensee and does not need
to pay the initial issuance fee again.