{"data":{"id":"us-nj/n.j.-stat.-33-1-12.36","jurisdiction":"us-nj","citation":"N.J. Stat. § 33:1-12.36","heading":"Corporate licenses","body":"Nothing in this act shall affect (a) the right of any person having a beneficial interest in a retail license or licenses to hold or acquire an interest of not more than 10% of any corporation the shares of which are traded  on a national securities exchange or regularly traded in an over-the-counter  market by one or more members of a national or affiliated securities  association or (b) the right of any person to hold or acquire an interest in a  corporation from his parent or grandparent provided such child or grandchild  does not have a beneficial interest in any retail license or licenses other  than those held by the corporation.\nL.1962, c. 152, s. 6.  Amended by L.1965, c. 197, s. 1, eff. Dec. 17, 1965.","path":["TITLE 33 INTOXICATING LIQUORS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"ce68e5ce3e79572919c2469e77ee4519df85c2e8c84b8235b93c2c45ad34b8df","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-33-1-12.35","next":"us-nj/n.j.-stat.-33-1-12.37"},"notice":"GroundRules: Original legal text. Not legal advice."}