Montana § 16-3-406 Financial Interest In Retailers Prohibited

Montana Statutes

§ 16-3-406 — Financial Interest In Retailers Prohibited

Montana·Title 16 ALCOHOL, TOBACCO, AND MARIJUANA·Ch. 3 CONTROL OF LIQUOR, BEER, AND WINE·Part 4 Sale of Table Wine

16-3-406 . Financial interest in retailers prohibited.

(1)A winery may not advance or loan money to, or furnish money for, or pay for or on behalf of any retailer any license or tax that may be required to be paid by any retailer, and a winery may not be financially interested, either directly or indirectly, in the conduct or operation of the business of a retailer.

(2)A winery is considered to have a financial interest if:

(a)the winery owns or holds any interest in or a lien or mortgage against the retailer or the retailer's premises; or

(b)the winery is under any contract with a retailer concerning future purchases or the sale of merchandise by one from or to the other.

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16-3-406 . Financial interest in retailers prohibited. (1) A winery may not advance or loan money to, or furnish money for, or pay for or on behalf of any retailer any license or tax that may be required to be paid by any retailer, and a winery may not be financially interested, either directly or indirectly, in the conduct or operation of the business of a retailer.
(2) A winery is considered to have a financial interest if:
(a) the winery owns or holds any interest in or a lien or mortgage against the retailer or the retailer's premises; or
(b) the winery is under any contract with a retailer concerning future purchases or the sale of merchandise by one from or to the other.

Montana § 16-3-406 (Financial Interest In Retailers Prohibited) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.