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New Jersey Statutes, Title: 33, INTOXICATING LIQUORS

    Chapter 1:

      Section: 33:1-12.31: Acquisition of beneficial interest in more than two retail licenses prohibited

           On and after the effective date of this act no person, as the same is defined in R.S. 33:1-1, shall, except as hereinafter provided, acquire a beneficial interest in more than a total of two alcoholic beverage retail licenses, but nothing herein shall require any such person who has, on August 3, 1962, such an interest in more than two such licenses to surrender, dispose of, or release his interest in any such license or licenses.

L.1962, c. 152, s. 1, eff. Aug. 3, 1962. Amended by L.1971, c. 217, s. 1, eff. June 17, 1971.

This section added to the Rutgers Database: 2012-09-26 13:37:50.

Older versions of 33:1-12.31 (if available):

Court decisions that cite this statute: CLICK HERE.