Texas Alcoholic Beverage Code

§ 102.10 — DISTILLER AND RECTIFIER: INTEREST IN WHOLESALER

AL § 102.10Title 4. REGULATORY AND PENAL PROVISIONS · Ch. 102. INTRA-INDUSTRY RELATIONSHIPS · Art. A. GENERAL PROVISIONS

Statute text

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(a)This section applies to the following:

(1)a holder of a distiller's and rectifier's permit;

(2)a person, firm, or corporation engaged in distilling or rectifying liquor, either inside or outside this state;

(3)an officer, director, agent, or employee of an entity named in Subdivision (1) or (2) of this subsection; or

(4)an affiliate of an entity named in Subdivision (1) or (2) of this subsection, regardless of whether the affiliation is corporate or by management, direction, or control.

(b)No entity named in Subsection (a) of this section may have any interest in the permit, business, assets, or corporate stock of a holder of a wholesaler's permit.

Legislative history

Acts 1977, 65th Leg., p. 500, ch. 194, Sec. 1, eff. Sept. 1, 1977. Amended by Acts 1983, 68th Leg., p. 1353, ch. 278, Sec. 55, eff. Sept. 1, 1983.