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business of a person whose license or permit has been revoked shall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