Section 11-1505 - Interest in Multiple Licenses -- Prohibited

(a) Subject to subsection (b) of this section, unless expressly authorized by this article, a person may not have an interest in more than one license issued by the Board, regardless of whether that interest is held or controlled by direct or indirect ownership, stock ownership, interlocking directors or interlocking stock ownership, franchise operation, chain store operation, or any other direct or indirect manner. (b) Except for an interest held or controlled by franchise operation or chain store operation, an individual may have an interest in more than one Class B license, Class H license, or Class BLX license issued by the Board, regardless of whether that interest is held or controlled by direct or indirect ownership, stock ownership, interlocking directors or interlocking stock ownership, or any other direct or indirect manner.