§37A-3-121. Business interests in mixed beverage, beer and wine,
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caterer, public event or bottle club prohibited for manufacturer, wine and spirits wholesaler, beer distributor and others.
No manufacturer, brewer, wine and spirits wholesaler, beer distributor, partner in any type of partnership, manager or member of a limited liability company, or officer, director or stockholder
of any nonresident seller, brewer, or manufacturer licensee, owning more than fifteen percent (15%) of the stock shall have any right, title, claim or interest, financial or otherwise in, upon or to the premises, equipment, business or merchandise of any mixed beverage, beer and wine, caterer, public event or bottle club licensee. Added by Laws 2016, c. 366, § 91, eff. Oct. 1, 2018. Amended by Laws 2019, c. 322, § 24, emerg. eff. May 7, 2019. NOTE: Laws 2016, c. 366, was conditionally effective upon passage of State Question No. 792, Legislative Referendum No. 370, which was adopted at election held on Nov. 8, 2016.