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Generally, if a corporation, which holds a liquor license issued by the Board, has a change of officers, directors, or stockholders involving ten per centum (10%) or more of the outstanding voting stock and/or a majority or controlling interest, such change must be reported to the Board within fifteen (15) days. In addition, the change in the corporation’s president requires the filing of a change in officer form.
Change in officer form (PLCB-866) must be accompanied by a two hundred dollar ($200.00) fee when the change in officers does not constitute a change in majority or controlling interest. If the change in corporate officer constitutes a change in majority/controlling interest, fees will be assessed in accordance with the Administrative Code. If the change in stockholders does not involve a change of majority interest, no additional fee is required and a placard posting is not required.
Changes in the setup of a corporation must be duly noted in the minutes, and any changes in stock holdings must be reflected in the stock certificates and stock transfer ledger.
Fee information may be obtained by calling the Board’s Licensing Information Center at (717) 783-8250. Change in officer forms are available by calling the Licensing Information Center, or by logging into www.lcb.state.pa.us, clicking on “For Licensees”, then “PLCB Applications and Forms”, and finally, “Application Packet for Notice of Change in the Officers, Directors, Stockholders or Manager of Licensed Corporation, Except Clubs”
