N.J. Admin. Code § 13:3-3.11

Current through Register Vol. 56, No. 21, November 4, 2024
Section 13:3-3.11 - Interest held in business by person other than licensee

No licensee shall allow any person other than the licensee to exercise or attempt to exercise, or hold himself or herself out as authorized to exercise, the rights and privileges of the license issued to the licensee, or allow any person other than the licensee to share in the profits of the licensed business except by way of bona fide rental agreements with landlords, bona fide commission or bonus agreements with operating personnel, first approved by the Commission.

N.J. Admin. Code § 13:3-3.11

Amended by R.1998 d.249, effective 5/18/1998.
See: 30 New Jersey Register 786(a), 30 N.J.R 1838(a).
Deleted ", permit or suffer" following "allow" throughout, neutralized a gender reference, and substituted a reference to the Commission for a reference to the Commissioner.