Current through Session Law 2024-58
Section 18B-1214 - Prohibited practices enumeratedIt is a violation of this Article for any winery, directly or indirectly, to engage in any of the following practices:
(1) To restrict the sale of any equity or indebtedness or the transfer of any securities of any wholesaler or in any way prevent or attempt to prevent the transfer, sale, or issuance of shares of stock or indebtedness to employees, personnel of the wholesaler, or heirs of the principal owner, as long as basic financial requirements of the winery are complied with and the sale, transfer, or issuance does not have the effect of accomplishing a sale of the wholesaler;(2) To impose unreasonable standards of performance upon a wholesaler;(3) To prohibit directly or indirectly the right of free association among wholesalers for any lawful purpose.N.C. Gen. Stat. § 18B-1214