57-1-108 - Interests precluding appointment to or employment by commission.

57-1-108. Interests precluding appointment to or employment by commission.

(a)  No person shall be eligible to be appointed as a member of the commission, and no person shall be employed in any capacity by the commission, if such person shall have any interest, financial or otherwise, either direct or indirect, in any distillery, wholesale dealer or retail dealer licensed as such in the state of Tennessee. No family member, including spouse, child or children, father or mother, niece or nephew by blood or marriage, son-in-law or daughter-in-law, shall be employed by any distillery, wholesale dealer or retail dealer, nor shall any family member hold or have issued to them any alcoholic beverage license in the state of Tennessee.

(b)  No such person shall have interest of any kind in any building, fixtures, or in the premises occupied by any person, firm or corporation licensed under the provisions of this chapter.

(c)  No such person shall own any stock, nor shall have any interest of any kind, direct or indirect, pecuniary or otherwise, by a loan, mortgage, gift, seeking a loan, or guaranteeing the payment of any loan, in any distillery, wholesale dealer or retail dealer licensed under the provisions of this chapter.

[Acts 1963, ch. 257, § 7; T.C.A., § 57-807.]