18B-1119. Supplier's financial interest in wholesaler.
(a) A supplier or an officer, director, employee or affiliate of a supplier may not acquire, possess, or otherwise maintain an ownership interest in a wholesaler except as expressly authorized by this Chapter.
(b) Repealed by Session Laws 2018-100, s. 7(b), effective June 26, 2018.
(c) A supplier or an officer, director, employee or affiliate of a supplier may have a security interest in the inventory or property of its wholesaler to secure payment for such inventory or other loans for other purposes. (1989, c. 142, s. 2; 2018-100, s. 7(b).)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 18B - Regulation of Alcoholic Beverages
Article 11 - Commercial Activity.
§ 18B-1100 - Commercial permits.
§ 18B-1101 - Authorization of unfortified winery permit.
§ 18B-1102 - Authorization of fortified winery permit.
§ 18B-1104 - Authorization of brewery permit.
§ 18B-1105 - Authorization of distillery permit.
§ 18B-1105.1 - Authorization of liquor importer/bottler permit.
§ 18B-1106 - Authorization of wine importer permit.
§ 18B-1107 - Authorization of wine wholesaler permit.
§ 18B-1108 - Authorization of malt beverages importer permit.
§ 18B-1109 - Authorization of malt beverages wholesaler permit.
§ 18B-1110 - Authorization of bottler permit.
§ 18B-1110.1 - Authorization of packaging and logistics permit.
§ 18B-1111 - Authorization of salesman permit.
§ 18B-1112 - Authorization of vendor representative permit.
§ 18B-1113 - Authorization of nonresident malt beverage vendor permit.
§ 18B-1113.1 - Authorization of optional nonresident spirituous liquor vendor permit.
§ 18B-1114 - Authorization of nonresident wine vendor permit.
§ 18B-1114.1 - Authorization of winery special event permit.
§ 18B-1114.2 - Effect of cider and vinegar manufacturer permit.
§ 18B-1114.3 - Authorization of wine producer permit.
§ 18B-1114.4 - Viticulture/Enology course authorization.
§ 18B-1114.5 - Authorization of malt beverage special event permit.
§ 18B-1114.6 - Brewing, Distillation, and Fermentation course authorization.
§ 18B-1114.7 - Authorization of spirituous liquor special event permit.
§ 18B-1115 - Commercial transportation.
§ 18B-1116 - Exclusive outlets prohibited.
§ 18B-1118 - Purchase restrictions.
§ 18B-1119 - Supplier's financial interest in wholesaler.
§ 18B-1120 - Noncontiguous storage locations.
§ 18B-1121 - Authority to sample for sensory analysis, quality control, or educational purposes.