Montana § 16-3-242 - Financial Interest In Retailers Prohibited
Full text of Montana Montana Code Annotated § 16-3-242 — Financial Interest In Retailers Prohibited, with citation guidance and answers to common questions.
§ 16-3-242. Financial Interest In Retailers Prohibited
Financial interest in retailers prohibited. (1) A brewer or beer importer may not advance or loan money to or furnish money for or pay for or on behalf of any retailer any license or tax that may be required to be paid for any retailer. A brewer or beer importer may not be financially interested, either directly or indirectly, in the conduct or operation of the business of a retailer. A brewer or beer importer is considered to have a financial interest within the meaning of this section if: (a) the brewer or beer importer owns or holds any interest in or a lien or mortgage against the retailer or the retailer's premises; or (b) the brewer or beer importer is under any contract with a retailer concerning future purchases or the sale of merchandise by one from or to the other. (2) A licensed brewery holding complete ownership of a retail license pursuant to 16-4-401 (9) is not subject to the limitations of this section for the licensed brewery's retail-licensed premises.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 16-3-242
What does Montana Code Annotated § 16-3-242 cover?
Section 16-3-242 ("Financial Interest In Retailers Prohibited") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 16-3-242?
A common citation format is "Montana Code Annotated § 16-3-242" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 16-3-242 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.