33:1-19.3 - Issuance to highest qualified bidder; public sale; qualifications - New Jersey Statutes

33:1-19.3.  Issuance to highest qualified bidder;  public sale; qualifications
    Whenever a municipality is authorized to issue one or more plenary retail consumption, seasonal retail consumption or plenary retail distribution licenses and the governing body determines to permit the issuance thereof, the governing body by resolution may authorize that such license or licenses be issued to the highest qualified bidder therefor and shall conduct a public sale  for such purpose or direct that such a sale be conducted by the municipal board  of alcoholic beverage control or municipal excise commission in a municipality  where such board or commission exists. The governing body by resolution may  also prescribe qualifications for prospective bidders including the requirement  that a licensee, as a condition of the award of the license, shall operate a  restaurant, public accommodation or other facility; provided, however, that no  municipal license requirement is contrary or inconsistent with law, rule or regulation.  The governing body may, by resolution, fix a minimum bid and conditions of sale with the reservation of the right to reject all bids where  the highest bid is not accepted.

     L.1981, c. 416, s. 1, eff. Jan. 9, 1982.