Section 7.1-5-9-1 - Commission; prohibited interest(a) It is unlawful for a commissioner, an officer or employee of the commission, or a member of a local board, to have an interest, either proprietary or by means of a loan, mortgage, or lien, or in any other manner, or to own stock in a corporation which has an interest, in the premises where alcoholic beverages are manufactured or sold, or in a business wholly or partially devoted to the manufacture, sale, transportation, or storage of alcoholic beverages. The prohibition contained in this section shall not apply to an expert or professional employee employed by the commission only for a special undertaking. A person who violates a provision of this section also shall be dismissed as provided in this title.(b) A person who knowingly or intentionally violates this section commits a Class B misdemeanor.Pre-1973 Recodification Citation: 7-1-1-5.
Amended by P.L. 159-2014, SEC. 56, eff. 7/1/2014.Formerly: Acts1973 , P.L. 55, SEC.1.