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MS HB1140
Bill
Status
4/20/2023
Primary Sponsor
Henry Zuber
Click for details
AI Summary
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Amends Section 67-3-46 of Mississippi Code to expand the definition of manufacturers prohibited from having interests in wholesalers or distributors of beer, light wine, or light spirit products.
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Adds new category of prohibited entities: manufacturers of products or substances infused into or becoming part of beer, light wine, or light spirit products, regardless of whether they manufacture the final product.
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Extends the prohibition to all affiliated companies, wholly-owned subsidiaries, and joint ventures of the newly defined manufacturers.
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Maintains existing exemption allowing security interests granted for products sold to wholesalers or distributors until full purchase price is paid.
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Takes effect upon passage.
Legislative Description
Beer, light wine and light spirit products; revise manufacturers prohibited from having interest in wholesalers or distributors.
Last Action
Approved by Governor
4/20/2023