Maine § 28-A §707-A Exceptions to indebtedness or operations limitations

Maine Statutes

§ 28-A §707-A — Exceptions to indebtedness or operations limitations

Maine·Title 28-A LIQUORS·Part 3 LICENSES FOR SALE OF LIQUOR·Ch. 29 LICENSE RESTRICTIONS

1.Certain financial interests permitted. Notwithstanding section 707, if the requirements of subsection 2 are met, section 707 does not prohibit:

2.Requirements. The exceptions to section 707 set out in subsection 1 apply only if each of the following requirements is met.

3.Construction. The exceptions to section 707 set out in subsection 1 must be construed narrowly and be limited to the express terms contained in subsection 1. The exceptions contained in subsection 1 may not be construed to undermine the general prohibition against tied interests contained in section 707.

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1.
Certain financial interests permitted.
Notwithstanding section 707, if the requirements of subsection 2 are met, section 707 does not prohibit:
2.
Requirements.
The exceptions to section 707 set out in subsection 1 apply only if each of the following requirements is met.
3.
Construction.
The exceptions to section 707 set out in subsection 1 must be construed narrowly and be limited to the express terms contained in subsection 1. The exceptions contained in subsection 1 may not be construed to undermine the general prohibition against tied interests contained in section 707.

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