The legislative purpose of this chapter is to provide a structure for the business relations between a wholesaler and a supplier of light wine, light spirit product or beer. Regulation in this area is considered necessary for the following reasons:
(a) To maintain stability and healthy competition in the light wine, light spirit product and beer industry in this state.(b) To promote and maintain a sound, stable and viable system of distribution of light wine, light spirit product and beer to the public.(c) To provide for the private settlement of disputes between wholesalers and suppliers of light wine, light spirit product or beer as an alternative to civil litigation which consumes the time and resources of the parties and the judicial system.(d) To promote the public health, safety and welfare.Laws, 1995, ch. 619, § 2, eff. 4/7/1995.Amended by Laws, 2020, ch. 314, HB 917,§ 41, eff. 6/18/2020.