No permit of any type shall be issued by the commission until the applicant has first filed with the commission a sworn statement disclosing all persons who are financially involved in the operation of the business for which the permit is sought. If an applicant is an individual, he will swear that he owns one hundred percent (100%) of the business for which he is seeking a permit. If the applicant is a partnership, all partners and their addresses shall be disclosed and the extent of their interest in the partnership shall be disclosed. If the applicant is a corporation, the total stock in the corporation shall be disclosed and each shareholder and his address and the amount of stock in the corporation owned by him shall be disclosed. If the applicant is a limited liability company, each member and their addresses shall be disclosed and the extent of their interest in the limited liability company shall be disclosed. If the applicant is a trust, the trustee and all beneficiaries and their addresses shall be disclosed. If the applicant is a combination of any of the above, all information required to be disclosed above shall be required.
All the disclosures shall be in writing and kept on file at the commission's office and shall be available to the public.
Every applicant must, when applying for a renewal of his permit, disclose any change in the ownership of the business or any change in the beneficiaries of the income from the business.
Any person who willfully fails to fully disclose the information required by this section, or who gives false information, shall be guilty of a misdemeanor and, upon conviction thereof, shall be fined a sum not to exceed Five Hundred Dollars ($500.00) or imprisoned for not more than one (1) year, or both, and the person or applicant shall never again be eligible for any permit pertaining to alcoholic beverages.
Structure Mississippi Code
Title 67 - Alcoholic Beverages
Chapter 1 - Local Option Alcoholic Beverage Control
§ 67-1-3. Prohibition reannounced as law of State
§ 67-1-14. Local option election to render chapter ineffective in certain municipalities
§ 67-1-14. Local option election to render chapter ineffective in certain municipalities
§ 67-1-15. Local option elections in counties having two judicial districts
§ 67-1-19. Administration of chapter
§ 67-1-23. Appointment of division personnel; oath
§ 67-1-25. Qualifications of personnel
§ 67-1-29. Compensation of personnel
§ 67-1-35. Official seal of the Alcoholic Beverage Control Division of the Department of Revenue
§ 67-1-39. Appeals from Board of Tax Appeals orders
§ 67-1-43. Obtaining intoxicants from source other than commission; penalty
§ 67-1-45. Selling intoxicants to source other than commission; penalty
§ 67-1-55. Applicants for permits must disclose persons financially interested in business; penalty
§ 67-1-57. Qualification of applicants
§ 67-1-59. "Applicant" defined
§ 67-1-61. Validity, contents and display of permits
§ 67-1-65. Issuance of permits in counties having no incorporated municipality
§ 67-1-69. Permittees must comply with federal statutes
§ 67-1-73. Records and reports; penalty
§ 67-1-75. Offenses by holder of package retailer's permit or by employee thereof; penalty