28-A M.R.S. §502: Wholesale spirits provider prohibited financial interests
Where this section sits in the code
- TITLE 28-A: LIQUORS
- PART 2: AGENCY LIQUOR STORES
- CHAPTER 21: WHOLESALE SPIRITS PROVIDER
The wholesale spirits provider and each principal officer of the wholesale spirits provider may not hold or possess:
1. Agency liquor store license. An agency liquor store license;
2. License to manufacture spirits. A license in this State or another state to manufacture spirits; or
3. Direct financial interest in prohibited license. A direct financial interest in a license described in subsection 1 or 2, except that a minor investment in not more than 1% of the securities of a business entity holding a license described in subsection 1 or 2 does not constitute a financial interest prohibited by this subsection.
Collected 2026-09-04T15:12:35Z. Source file · JSON