Okla. Stat. tit. 37A, § 37A-3-120
This is the official text of Okla. Stat. tit. 37A, § 37A-3-120, part of Oklahoma’s Stat. tit. 37A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 37A,." Browse the sections below, each linked to its official government source.
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Business interests prohibited for beverage, beer and
Official statutory text
wine, caterer, public event or bottle club licensees.
No mixed beverage, beer and wine, caterer, public event or
bottle club licensee, partner in any type of partnership, manager or
member of a limited liability company, officer, director or
stockholder of any corporate licensee owning more than fifteen
percent (15%) of the stock shall have any right, title, lien, claim
or interest, financial or otherwise in, upon or to the premises,
equipment, business or merchandise of any package store, beer
distributor, brewer, manufacturer or wholesaler. The provisions of
this section shall not prohibit a person who is an officer or
director of a fraternal or veteran's organization which is a tax
exempt organization under Section 501(c)(8),(10) or (19) of the
Internal Revenue Code and which holds a license issued by the ABLE
Commission from having a right, title, lien, claim or interest in
the premises, equipment, business or merchandise of a package store.
No mixed beverage, beer and wine, caterer, public event or
bottle club licensee, partner in any type of partnership, manager or
member of a limited liability company, officer, director or
stockholder of any corporate licensee owning more than fifteen
percent (15%) of the stock shall have any right, title, lien, claim
or interest, financial or otherwise in, upon or to the premises,
equipment, business or merchandise of any package store, beer
distributor, brewer, manufacturer or wholesaler. The provisions of
this section shall not prohibit a person who is an officer or
director of a fraternal or veteran's organization which is a tax
exempt organization under Section 501(c)(8),(10) or (19) of the
Internal Revenue Code and which holds a license issued by the ABLE
Commission from having a right, title, lien, claim or interest in
the premises, equipment, business or merchandise of a package store.
Status: in_force · Read it on the official government site
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