What are the legal consequences of allowing minors to consume alcohol on my property?

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How does voluntary intoxication affect a liquor liability lawsuit?
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Is serving alcohol to someone who is obviously intoxicated considered illegal?
What is the law regarding serving alcohol to individuals under the age of twenty-one in my state?
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How can I protect myself from being sued for liquor liability?
Are there any special regulations related to serving alcohol at a private party?
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Can I be held liable for injuries caused by a patron who was served alcohol at my premises?

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