Tennessee Code 57-3-105 – Conflicts of interest prohibited
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 57-3-105
- Commission: means the alcoholic beverage commission, except as otherwise provided. See Tennessee Code 57-3-101
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
No member of the commission and no person employed by the commission shall have any interest, direct or indirect, either proprietary or by means of any loan, mortgage or lien, or in any other manner, in or on any premises where alcoholic beverages are sold; nor shall they or any of them have any interest, direct or indirect, in any business wholly or partially devoted to the sale, transportation or storage of alcoholic beverages.