Arizona § 28-5743 - Discontinuance of business
Full text of Arizona Arizona Revised Statutes § 28-5743 — Discontinuance of business, with citation guidance and answers to common questions.
§ 28-5743. Discontinuance of business
A. If a person ceases to be a licensee by reason of discontinuance, sale or transfer of the person's business at any location:
1. The person shall:
(a) Notify the director in writing at the time the discontinuance, sale or transfer takes effect.
(b) Give the director the date of discontinuance.
(c) If there is a sale or transfer of the business, give the director the name and address of the purchaser or transferee.
2. All taxes, penalties and interest not yet due and payable under this article, notwithstanding this article, are due and payable concurrently with the discontinuance, sale or transfer.
3. The licensee shall:
(a) Make a report.
(b) Pay all taxes, fees, penalties and interest.
(c) Surrender to the director the license certificate issued to the licensee and all duplicates of a valid license.
B. Unless the notice prescribed in subsection A has been given to the director, the seller and the seller's surety are liable for the tax, fees, penalties and interest accruing against the transferee, but only to the extent of the value of the property transferred.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 28-5743
What does Arizona Revised Statutes § 28-5743 cover?
Section 28-5743 ("Discontinuance of business") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 28-5743?
A common citation format is "Arizona Revised Statutes § 28-5743" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 28-5743 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.