§ 7.1-3-21-8 — Disclosure of interested parties

(a) The commission shall not issue an
alcoholic beverage permit of any type to a person unless that person has
on file with the commission a verified list containing the name and
address of each person or entity:
(1) with actual authority to direct or control the operation of the
permit; and
(2) holding at least a five percent (5%) interest in the permit and
the business conducted, or to be conducted, under it.
(b) If a publicly traded corporation has an interest, the list required
under subsection (a) shall provide the name and address of only the:
(1) chief executive officer;
(2) chief financial officer;
(3) chief operating officer; and
(4) members of the board of directors;
of the corporation.
(c) At all times, a change in the list required under subsection (a)
shall be filed by the applicant or permittee with the commission within
ten (10) days of the date when the change became effective. The lists,
together with any changes, shall be:
(1) kept on file in the office of the commission; and
(2) open to public inspection.
[Pre-1973 Recodification Citation: 7-2-1-13.]
Formerly: Acts 1973, P.L.55, SEC.1. As amended by
P.L.204-2001, SEC.38; P.L.194-2021, SEC.55; P.L.163-2025,
SEC.41.