27 C.F.R. § 6.27 Proprietary interest.
Title 27 - Alcohol, Tobacco Products and Firearms
(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. [T.D. ATF–74, 45 FR 63251, Sept. 23, 1980, as amended by T.D. ATF–364, 60 FR 20421, Apr. 26, 1995]
Title 27: Alcohol, Tobacco and Firearms
PART 6—“TIED-HOUSE”
Subpart C—Unlawful Inducements
Interest in Retail License
§ 6.27 Proprietary interest.
