ARM 42.12.143. RESTRICTION ON INTEREST IN OTHER LICENSES

(1) For purposes of this rule, any ownership interest in a business that operates a license issued under the Montana Alcoholic Beverage Code is considered to be an ownership interest in the license itself. (2) A Montana all-beverages licensee may not: (a) possess a financial or ownership interest in: (i) a Montana agency liquor store; (ii) more than two additional Montana all-beverages licenses, for an aggregate number of three licenses, except as provided in 16-4-205, MCA; or (iii) more than half the total number of Montana all-beverages licenses in any quota area described in 16-4-201, MCA; (b) through a business or family relationship, share in the profits or liabilities in more than half the total number of Montana all-beverages licenses in the specific quota area in which the licenses will be held; or (c) individually or through the person's immediate family, receive financing from or have any affiliation to: (i) an alcoholic beverage manufacturer or importer of alcoholic beverages; or (ii) a distributor of alcoholic beverages, including a Montana beer wholesaler, Montana table wine distributor, and a Montana agency liquor store. (3) A Montana retail alcoholic beverages licensee may not: (a) possess a financial or ownership interest in a Montana agency liquor store; or (b) individually or through the person's immediate family, receive financing from or have any affiliation to: (i) an alcoholic beverage manufacturer or importer of alcoholic beverages; or (ii) a distributor of alcoholic beverages, including a Montana beer wholesaler, Montana table wine distributor, and a Montana agency liquor store. (4) A Montana beer wholesaler may not: (a) possess a financial or ownership interest in a Montana agency liquor store, a Montana alcoholic beverages retailer, an alcoholic beverages manufacturer, or another Montana beer wholesaler; (b) have any affiliation with a Montana alcoholic beverages retailer, or the immediate family of a Montana alcoholic beverages retailer; or (c) be owned or controlled by an alcoholic beverages manufacturer or an importer of alcoholic beverages. (5) A Montana table wine distributor may not: (a) possess a financial or ownership interest in a Montana agency liquor store, a Montana alcoholic beverages retailer, an alcoholic beverages manufacturer, or another Montana table wine distributor; (b) have any affiliation with a Montana alcoholic beverages retailer or the immediate family member of a Montana alcoholic beverages retailer; or (c) be owned or controlled by an alcoholic beverages manufacturer or an importer of alcoholic beverages. (6) A Montana alcoholic beverage manufacturer may not possess a financial or ownership interest in: (a) a distributor of alcoholic beverages, including a Montana beer wholesaler, a Montana table wine distributor, and a Montana agency liquor store; or (b) a Montana alcoholic beverages retailer.