Montana HB549 allows distillery licensees to market and sell interests in aging liquor through warehouse receipts.
Montana HB549 revises alcoholic beverage laws to allow Montana distillery licensees to market and sell interests in aging liquor through warehouse receipts. The bill permits the resale of liquor warehouse receipts and allows for the management and brokering of warehouse receipt sales. It specifies that ownership of warehouse receipts does not constitute ownership, control, or affiliation with the distillery. The bill also outlines criteria for distillery license applicants, including restrictions on ownership interests and affiliations with other alcohol-related businesses.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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