11 GCA § 3406: Same: Distribution to Shareholders Forbidden.
Where this section sits in the code
- Title 11: Finance and Taxation
- Division 1 - Department of Revenue and Taxation.
- Chapter 3: Alcoholic Beverage Control
- ARTICLE 4: STANDARDS
A corporation shall not distribute, directly or indirectly, any alcoholic beverages to its stockholders by dividend, either by distribution in kind or the granting of purchase premiums.
Collected 2026-09-27T03:11:58Z. Source file · JSON