123.40 - EFFECT OF REVOCATION.
123.40 EFFECT OF REVOCATION.
Any liquor control licensee, wine permittee, or beer permittee
whose license or permit is revoked under this chapter shall not
thereafter be permitted to hold a liquor control license, wine
permit, or beer permit in the state of Iowa for a period of two years
from the date of revocation. A spouse or business associate holding
ten percent or more of the capital stock or ownership interest in the
business of a person whose license or permit has been revoked shall
not be issued a liquor control license, wine permit, or beer permit,
and no liquor control license, wine permit, or beer permit shall be
issued which covers any business in which such person has a financial
interest for a period of two years from the date of revocation. If a
license or permit is revoked, the premises which had been covered by
the license or permit shall not be relicensed for one year. Section History: Early Form
[C35, § 1921-f32, 1921-f123; C39, § 1921.032, 1921.125; C46,
50, 54, 58, 62, 66, 71, § 123.32, 124.30; C73, 75, 77, 79, 81, §
123.40] Section History: Recent Form
85 Acts, ch 32, §33
Referred to in § 123.3, 123.50