When a regular "Class B" liquor
licensee decides not to renew his or her license or goes out of business
and surrenders the license in the middle of the license year, does the
license convert to a reserve "Class B" liquor license?
No. The rule is that all regular "Class
B" licenses remain regular "Class B" licenses and all reserve "Class B"
licenses remain reserve "Class B" licenses forever. Accordingly, if a
licensee fails does not renew a regular “Class B” liquor license, the
municipality would be able to grant the non-renewed or surrendered
license as a regular "Class B" license to a qualified applicant.
Incidentally, a holder of a reserve "Class B" liquor license may apply
for an available regular "Class B" license upon surrendering the reserve
license.