California Business and Professions Code

§ 23772

BPC § 23772 Effective Jan 1, 2016Div. 9 · Ch. 5 · Art. 1

Statute text

(a)A distilled spirits manufacturer’s or distilled spirits manufacturer’s agent’s license shall not be held by any person that holds any ownership or interest, directly or indirectly, by stock ownership, interlocking directors, trusteeship, loan, mortgage, or lien on any personal or real property, or otherwise, in any craft distiller’s, distilled spirits wholesaler’s, rectifier’s, or retailer’s license.

(b)The provisions of this section shall not apply to the financial or representative relationship between a manufacturer, winegrower, manufacturer’s agent, rectifier, distiller, bottler, importer, or wholesaler, or any officer, director, or agent of that person, and a person holding only one of the following types of licenses:

(1)On-sale general license for a bona fide club.

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Legislative history

Amended by Stats. 2015, Ch. 640, Sec. 4. (AB 1295) Effective January 1, 2016.