License: Restrictions

(a)The Director shall not issue a license to any person who then holds a license of another class.

(b)No wholesaler within or outside of Guam, nor any officer, thereof, nor any subsidiary, affiliate or other entity in which a wholesaler holds any ownership or interest, directly or indirectly by stock ownership, interlocking directors, trusteeship, loan, mortgage or lien on any real or personal property, shall hold any tobacco license other than a wholesaler’s license in Guam.