24.05 – PROHIBITED INTERESTS. (a) No person who holds a
Texas Alcoholic Beverage Code § 24.05
Summary
This law prohibits individuals with a wine-only package store permit from having any financial interest in manufacturers or distributors of alcoholic beverages. It aims to prevent conflicts of interest and maintain fair competition within the alcohol distribution industry.
Prohibits wine store permit holders from owning interests in manufacturers or distributors.
Aims to prevent conflicts of interest in the alcohol industry.
Ensures fair competition among alcohol distributors.
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In simple terms: Learn about Texas's PROHIBITED INTERESTS. (a) No person who holds a law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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