16-3-406. Financial interest in retailers prohibited.
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/mt/title-16/chapter-3/part-4/16-3-406A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
16-3-406 . Financial interest in retailers prohibited.
(1)A winery may not advance or loan money to, or furnish money for, or pay for or on behalf of any retailer any license or tax that may be required to be paid by any retailer, and a winery may not be financially interested, either directly or indirectly, in the conduct or operation of the business of a retailer.
(2)A winery is considered to have a financial interest if:
(a)the winery owns or holds any interest in or a lien or mortgage against the retailer or the retailer's premises; or
(b)the winery is under any contract with a retailer concerning future purchases or the sale of merchandise by one from or to the other.