Indiana § 7.1-3-3-18 Certain transactions void

Indiana Statutes

§ 7.1-3-3-18 — Certain transactions void

Indiana § 7.1-3-3-18

Art. 3PERMITS

Ch. 3Beer Wholesalers' Permits

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Bluebook

Ind. Code § 7.1-3-3-18 (2026).

Text

The transfer, sale, acquisition, assignment,
control of, or beneficial interest, direct or indirect, in or to a beer
wholesaler's permit, or in its business, or in its corporate stock, by a
brewer contrary to the provisions of IC 7.1-5-9-2, or the transfer,
assignment upon the capital stock book, or other corporate record, of
a corporation holding a beer wholesaler's permit, of the capital stock,
or a part of it, is wholly void and not capable of validation.
[Pre-1973 Recodification Citation: 7-1-1-10.]
Formerly: Acts 1973, P.L.55, SEC.1. As amended by
P.L.86-2018, SEC.106.

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The transfer, sale, acquisition, assignment,
control of, or beneficial interest, direct or indirect, in or to a beer
wholesaler's permit, or in its business, or in its corporate stock, by a
brewer contrary to the provisions of IC 7.1-5-9-2, or the transfer,
assignment upon the capital stock book, or other corporate record, of
a corporation holding a beer wholesaler's permit, of the capital stock,
or a part of it, is wholly void and not capable of validation.
[Pre-1973 Recodification Citation: 7-1-1-10.]
Formerly: Acts 1973, P.L.55, SEC.1. As amended by
P.L.86-2018, SEC.106.