No manufacturer or retailer, or a copartner or a majority stockholder of a parent or subsidiary corporation or holder of a controlling interest in a manufacturer or retailer, may be granted a wholesale license or be granted a renewal of a wholesale license under this chapter.

Source: SL 1970, ch 211 , § 1; SL 1971, ch 211 , § 43; SL 2008, ch 37 , § 166; SL 2010, ch 180 , § 23; SL 2018, ch 213 , § 54.