Are alcohol permits/licenses transferable to another state or another owner?
TABC licenses are not transferable to another state or any location outside of Texas. TABC licenses are generally not transferable to another owner. However, any license that is owned by a Corporation, Limited Liability Company, Limited Partnership, or Limited Liability Partnership is retained by that entity even if the Shares of Stock, Membership Interest, or Partnership interest is transferred. This means that if you sell the stock or interest in the entity that owns a TABC license, then the new shareholders, members or partners will have the option to continue using the existing TABC license. Remember that any changes to the owners, officer, members, managers, or partners of an entity that owns a TABC license must be reported to TABC on a separate Supplemental Application. Some types of changes require a waiting period. Please always file with our office first to notify TABC of the changes before transferring ownership to be certain that you do not violate any waiting periods.
