1.Licensee not indebted.
Except as provided in subsection 7, the bureau may not issue any license to or renew the license of a person who is indebted in any manner, directly or indirectly:
2.(TEXT EFFECTIVE UNTIL 1/01/26) Licensee must not receive anything of value.
No licensee or applicant for a license may receive, directly or indirectly, any money, credit, thing of value, indorsement of commercial paper, guarantee of credit or financial assistance of any sort from any person within or without the State, if the person is:
2.(TEXT EFFECTIVE 1/01/26) Licensee may not receive or give things of value.
A licensee or applicant for a license may not receive, directly or indirectly, from any person within or without the State, cash or gift cards, indorsement of commercial paper, guarantee of
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1.
Licensee not indebted.
Except as provided in subsection 7, the bureau may not issue any license to or renew the license of a person who is indebted in any manner, directly or indirectly:
2.
(TEXT EFFECTIVE UNTIL 1/01/26) Licensee must not receive anything of value.
No licensee or applicant for a license may receive, directly or indirectly, any money, credit, thing of value, indorsement of commercial paper, guarantee of credit or financial assistance of any sort from any person within or without the State, if the person is:
2.
(TEXT EFFECTIVE 1/01/26) Licensee may not receive or give things of value.
A licensee or applicant for a license may not receive, directly or indirectly, from any person within or without the State, cash or gift cards, indorsement of commercial paper, guarantee of credit or financial assistance of any sort or things of value aggregating in an amount that exceeds $750 annually, if the person is:
3.
Retail licensee; interest in wholesaler or certificate of approval.
3-A.
Manufacturer or importer; prohibited financial interests.
Except as authorized in subsection 7 and sections 707‑A and 1355‑A, a licensed in-state manufacturer, an out-of-state spirits supplier, an out-of-state manufacturer of malt liquor or wine that has been issued a certificate of approval or an out-of-state wholesaler of malt liquor or wine that has been issued a certificate of approval may not have any financial interest, direct or indirect, in any:
4.
Certificate of approval holder or Maine manufacturer; interest in wholesaler or retail license.
4-A.
Wholesale licensee; prohibited financial interests.
Except as authorized in subsection 7, a wholesale licensee may not have any financial interest, direct or indirect, in any:
5.
Wholesale licensee; interest in certificate of approval holder, Maine manufacturer or retail license.
5-A.
Retail licensee; prohibited financial interests.
Except as authorized in sections 707‑A and 1355‑A, a retail licensee may not have any financial interest, direct or indirect, in any:
6.
Directors, officers, members and securities.
The financial interests prohibited in subsections 3‑A, 4‑A and 5‑A include, but are not limited to, circumstances in which an officer, director, member or holder of the securities of a business entity is also a director, officer, member or holder of the securities of another business entity, except that a minor investment in not more than 1% of the securities of a business entity does not constitute a financial interest prohibited by subsections 3‑A, 4‑A and 5‑A.
7.
Exceptions.
This section does not prohibit:
8.
Definitions.
For purposes of this section, the following terms have the following meanings.
9.
Rules.
The bureau shall adopt rules implementing this section. Rules adopted pursuant to this subsection are routine technical rules as defined in Title 5, chapter 375, subchapter 2‑A.
PL 1987, c. 45, §A4 (NEW). PL 1987, c. 342, §§40-43 (AMD). PL 1993, c. 730, §30 (AMD). PL 1997, c. 373, §68 (AMD). PL 2005, c. 390, §§2,3 (AMD). PL 2011, c. 629, §§9, 10 (AMD). PL 2019, c. 659, Pt. F, §1 (AMD). PL 2019, c. 665, §§1-10 (AMD). PL 2021, c. 8, §1 (AMD). PL 2021, c. 658, §§97, 98 (AMD). PL 2025, c. 230, Pt. C, §§1-3 (AMD). PL 2025, c. 230, Pt. C, §6 (AFF).