41-704. Manufacturers; interest in business of distributor prohibited.
41-704
41-704. Manufacturers; interest in business of distributor prohibited. No manufacturer of alcoholic liquors holding a manufacturer's licenseunder this act and no manufacturer of alcoholic liquors outside of thisstate manufacturing alcoholic liquors for distribution and sale within thisstate shall, directly or indirectly, as owner or part owner, or through asubsidiary or affiliate, or by any officer, director or employee thereof,or by stock ownership, interlocking directors, trusteeship, loan, mortgageor lien on any personal or real property, as guarantor, endorser or surety,be interested in the ownership, conduct, operation or management of anyalcoholic liquor distributor holding an alcoholic liquor distributor'slicense under this act; nor shall any manufacturer of alcoholic liquorsholding a manufacturer's license under this act nor any manufacturer ofalcoholic liquors outside of this state manufacturing alcoholic liquors fordistribution and sale within this state, be interested directly orindirectly, as lessor or lessee, as owner or part owner, or through asubsidiary or affiliate, or by any officer, director or employee thereof,or by stock ownership, interlocking directors or trusteeship in thepremises upon which the place of business of an alcoholic liquordistributor holding an alcoholic liquor distributor's license under thisact is located, established, conducted or operated in whole or in part.
History: L. 1949, ch. 242, § 67; March 9.