(a) This section applies to the following:
- (1) a holder of a distiller's and rectifier's permit;
- (2) a person, firm, or corporation engaged in distilling or rectifying liquor, either inside or outside this state;
- (3) an officer, director, agent, or employee of an entity named in Subdivision (1) or (2) of this subsection; or
- (4) an affiliate of an entity named in Subdivision (1) or (2) of this subsection, regardless of whether the affiliation is corporate or by management, direction, or control.
- (b) No entity named in Subsection (a) of this section may have any interest in the permit, business, assets, or corporate stock of a holder of a wholesaler's permit.
Acts 1977, 65th Leg., p. 500, ch. 194, Sec. 1, eff. Sept. 1, 1977.
Amended by Acts 1983, 68th Leg., p. 1353, ch. 278, Sec. 55, eff. Sept. 1, 1983.