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75F - PH CANNABIS BUSINESS INTEGRATION
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06/04/2019
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75F - PH CANNABIS BUSINESS INTEGRATION
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Last modified
5/30/2019 7:29:08 PM
Creation date
5/30/2019 7:13:39 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
75F
Date
6/4/2019
Destruction Year
2024
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present a certificate of nonliability within ninety (90) days after such sale, <br />assignment or other transfer, the successor shall deposit the withheld amount with <br />the collector pending settlement of the account of the transferor. <br />transferor produces a certificate of nonliability stating the nonliability of the <br />assignment or other transfer, the successor shall deposit the withheld amount with <br />the collector pending settlement of the account of the transferor. <br />(e) Joint and several liability. If the successor fails to withhold the applicable amount <br />required under subsection (d) they shall become Jointly and severally liable along <br />with the transferor for the payment of the full amount of the transferor's business <br />license tax liabilities and shall likewise become jointly and severally liable along <br />with the transferor for future penalties and/or interest charges as may be applicable <br />(f) Certificate of nonliability. Upon application of a commercial cannabis business <br />owner/operator who is terminating their business, or a transferor, or a successor, <br />for a certificate of nonliability, the collector, after conducting an audit therefore, as <br />additional business license tax liabilities have accrued subsequent to the date of <br />successor's action of withholding and depositing amounts with the collector <br />Section 10. Section 21-142 of Article XIII of Chapter 21 of the Santa Ana <br />Municipal Code, is hereby added to read as follows: <br />Sec. 21-142. Vertical and horizontal integration of commercial cannabis business <br />licensees —Defined. <br />21 <br />75F-27 <br />
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