New Hampshire Revised Statutes 180:8 – Sale of Beverage Manufacturer, Brew Pub, or Beverage Vendor
Current as of: 2023 | Check for updates
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Terms Used In New Hampshire Revised Statutes 180:8
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Beverage vendor: means an individual, partnership, limited liability company, or corporation, including any subsidiaries thereof, which sells beverages or specialty beverages to wholesale distributors. See New Hampshire Revised Statutes 175:1
- Brew pub: means a manufacturer of beer, specialty beer, or cider not exceeding 2,500 barrels annually, which as a functional part of its business, maintains a full service restaurant serving the beer it manufactures as well as other beverage and liquor as allowed by N. See New Hampshire Revised Statutes 175:1
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
The purchaser of a beverage manufacturer, brew pub, or beverage vendor shall become obligated to all terms and conditions of the agreement in effect on the date of purchase unless subsequently terminated by the beverage manufacturer, brew pub, or beverage vendor for good cause. “Purchase” shall include, but not be limited to, the sale of stock, sale of assets, merger, lease, transfer, or consolidation.