Wholesale spirits provider prohibited financial interests

28-A M.R.S. § 502, under WHOLESALE SPIRITS PROVIDER.

28-A M.R.S. § 502

The wholesale spirits provider and each principal officer of the wholesale spirits provider may not hold or possess: [PL 2021, c. 658, §82 (NEW).]

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.