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Current as of January 01, 2023 | Updated by Findlaw Staff
It is a violation of this Article for any winery, directly or indirectly, to engage in any of the following practices:
(1) To restrict the sale of any equity or indebtedness or the transfer of any securities of any wholesaler or in any way prevent or attempt to prevent the transfer, sale, or issuance of shares of stock or indebtedness to employees, personnel of the wholesaler, or heirs of the principal owner, as long as basic financial requirements of the winery are complied with and the sale, transfer, or issuance does not have the effect of accomplishing a sale of the wholesaler;
(2) To impose unreasonable standards of performance upon a wholesaler;
(3) To prohibit directly or indirectly the right of free association among wholesalers for any lawful purpose.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 18B. Regulation of Alcoholic Beverages § 18B-1214. Prohibited practices enumerated - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-18b-regulation-of-alcoholic-beverages/nc-gen-st-sect-18b-1214/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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