Code of Federal Regulations · Section
§ 6.27 — Proprietary Interest
27 C.F.R. § 6.27
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(a) Complete ownership. Outright ownership of a retail business by an industry member is not an interest which may result in a violation of section 105(b)(1) of the Act.
(b) Partial ownership. Less than complete ownership of a retail business by an industry member constitutes an interest in a retail license within the meaning of the Act.
Authorizing Statute
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General provisions27 U.S.C. § 202
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Authority and functions of Director44 U.S.C. § 3504