Interest in Another Permit Prohibited

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Sec. 4. (a) Except as provided in IC 7.1-3-3-4, an applicant for a beer wholesaler's permit shall have no interest in the following:

(1) A permit to manufacture or to sell at retail alcoholic beverages of any kind.

(2) Any other permit to wholesale alcoholic beverages.

(3) Through stock ownership or otherwise, a partnership, limited liability company, or corporation that holds:

(A) a permit to manufacture or to sell at retail alcoholic beverages of any kind; or

(B) any other permit to wholesale alcoholic beverages of any kind.

(b) A person who knowingly or intentionally violates this section commits a Class B misdemeanor.

[Pre-1973 Recodification Citation: 7-1-1-10.]

Formerly: Acts 1973, P.L.55, SEC.1. As amended by P.L.51-1994, SEC.14; P.L.204-2001, SEC.59; P.L.159-2014, SEC.59.


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