§281-97  When sale without license
authorized.  In case a license is revoked or canceled or not renewed, the
licensee may with the permission of and upon the conditions set by the liquor
commission sell intoxicating liquors then in the licensee's possession within
sixty days, or within such additional time allowed by the commission, unless
under this chapter the same are seized or forfeited.



Any bank, trust company, or financial
institution owning or possessing intoxicating liquor which was acquired by the
bank, trust company, or financial institution in the ordinary course of its
business, may sell the intoxicating liquor with the permission of and upon
conditions set by the commission.



Any person acting as personal representative,
or guardian of a licensee's estate, or any receiver, assignee for benefit of
creditors, trustee in bankruptcy, may sell the stock of intoxicating liquor
with the permission of and upon conditions set by the commission, except as
otherwise provided in this chapter.



Any insurance company, or any common carrier
acting as an insurer for losses to persons shipping intoxicating liquor, may
take possession of and sell the intoxicating liquor, the containers of which
have been damaged by fire or otherwise, with the permission of and upon
conditions set by the commission.



Any person in possession of a stock of lawfully
acquired intoxicating liquor under a foreclosure proceeding, proceedings for
enforcement of a lien, civil execution, or under any other proceeding or
process, may sell such intoxicating liquor with the permission of and upon
conditions set by the commission. [L Sp 1933, c 40, §60; RL 1935, §2629; RL
1945, §7281; am L 1951, c 223, §1(12); RL 1955, §159-96; HRS §281-97; am L
1972, c 177, 8; am L 1976, c 200, pt of §1; gen ch 1985]