More than five licenses by any one person prohibited, exception
A person or company cannot hold more than five liquor licenses or have a financial interest in more than five places that sell drinks by the glass on-site. However, certain places don't count toward that five-license limit — like restaurants that make at least half their money from food, restaurants making at least $200,000 a year from food, live entertainment venues taking in over $100,000 a year in admission, or hotels with at least 40 rooms.
311.260. More than five s by any one person prohibited, . — 1. No person, , employee, officer, , , or thereof, shall:
(1) Have more than five licenses; or
(2) Be directly or indirectly interested in any business of any other person, corporation, or employee, officer, agent, subsidiary, or affiliate thereof, who sells for described in any license; or
(3) Sell intoxicating liquor at retail by the drink for consumption at the place of sale at more than five places in this state.
2. any other of this chapter or to the contrary, for the purpose of determining whether a person, corporation, employee, officer, agent, subsidiary, or affiliate thereof has a in more than five licenses 1 of this section, there shall not be counted any license to sell intoxicating liquor at retail by the drink for consumption on the following :
(1) Restaurants where at least fifty percent of the of which is derived from the sale of prepared meals or food consumed on the premises where sold; or
(2) s which have an annual gross income of at least two hundred thousand dollars from the sale of prepared meals or food consumed on the premises where sold; or
(3) Facilities designed for the performance of live entertainment and where the receipts for admission to such performances exceed one hundred thousand dollars per ; or
(4) Any establishment having at least forty rooms for the overnight accommodation of .
(RSMo 1939 § 4907, A.L. 1971 S.B. 18, A.L. 1990 H.B. 1180, A.L. 1995 S.B. 43, A.L. 2003 S.B. 298, A.L. 2009 H.B. 132)
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Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.