§ 121.004 LIMITATION ON OWNERSHIP.
   No person shall be granted beer, wine or liquor licenses at more than one location. For the purpose of this chapter, any person owning an interest of 5% or more of the entity to which the license is issued, or such ownership by a member of his or her immediate family, shall be deemed to be a licensee.
(2006 Code, § 5.05) (Ord. 50, 3rd Series, passed 3-1-1985) Penalty, see § 121.999