Arizona § 6-978 - Consent of deputy director for transferring, assigning or acquiring control of licensee; definition
Full text of Arizona Arizona Revised Statutes § 6-978 — Consent of deputy director for transferring, assigning or acquiring control of licensee; definition, with citation guidance and answers to common questions.
§ 6-978. Consent of deputy director for transferring, assigning or acquiring control of licensee; definition
A license is not transferable or assignable and control of a licensee may not be acquired through a stock purchase or any other device without the prior written consent of the deputy director. The deputy director shall not give written consent if the deputy director finds that any of the grounds for denial, revocation or suspension of a license as set forth in section 6-982 apply to the acquiring person. For the purpose of this section, "control" means the power to vote more than twenty percent of the outstanding voting shares of a licensed corporation, partnership, association or trust.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 6-978
What does Arizona Revised Statutes § 6-978 cover?
Section 6-978 ("Consent of deputy director for transferring, assigning or acquiring control of licensee; definition") 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 § 6-978?
A common citation format is "Arizona Revised Statutes § 6-978" (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 § 6-978 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.