27 C.F.R. § 6.27

Current through October 31, 2024
Section 6.27 - Proprietary interest
(a)Complete ownership. Outright ownership of a retail business by an industry member is not an interest which may result in a violation of section 105(b)(1) of the Act.
(b)Partial ownership. Less than complete ownership of a retail business by an industry member constitutes an interest in a retail license within the meaning of the Act.

27 C.F.R. § 6.27

T.D. ATF-74, 45 FR 63251, 9/23/1980, as amended by T.D. ATF-364, 60 FR 20421, 4/26/1995