Tex. Alco. Bev. Code § 102.10

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 102.10 - Distiller and Rectifier: Interest in Wholesaler

(a) This section applies to the following:

(1) a holder of a distiller's and rectifier's permit;

(2) a person, firm, or corporation engaged in distilling or rectifying liquor, either inside or outside this state;

(3) an officer, director, agent, or employee of an entity named in Subdivision (1) or (2) of this subsection; or

(4) an affiliate of an entity named in Subdivision (1) or (2) of this subsection, regardless of whether the affiliation is corporate or by management, direction, or control.

(b) No entity named in Subsection (a) of this section may have any interest in the permit, business, assets, or corporate stock of a holder of a wholesaler's permit.

Tex. Alco. Bev. Code § 102.10

Amended by Acts 1983, 68th Leg., p. 1353, ch. 278, Sec. 55, eff. 9/1/1983.

Acts 1977, 65th Leg., p. 500, ch. 194, Sec. 1, eff. 9/1/1977.