Sec. 7. The provisions of section 5 of this chapter shall not apply to the common stock ownership of a corporation holding a restaurant permit and having less than sixty percent (60%) resident ownership prior to March 14, 1963.
[Pre-1973 Recodification Citation: 7-2-1-13.]
Formerly: Acts 1973, P.L.55, SEC.1. As amended by P.L.86-2018, SEC.119.
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