41-1117.Same; filing, publication and distribution of minimum mark-ups;effective date; less than minimum mark-up, when permitted.(1) Whenever the board shall establishminimum retailer mark-ups, it shall immediately filea copy thereof with the director. The director,at least once in each quarter of each year, shall publish such minimummark-ups and shall promptly maila copy to each licensed distributor and retailer authorizedto do business in this state. Minimum mark-ups shallbecome effective at twelve (12) o'clock midnight on the last dayof the first calendar month commencing after the seventh (7th)day following the day such mark-ups are mailed to licensed retailers.
(2) No retailer shall sell, directly or indirectly,any alcoholic liquor at lessthan its current posted bottle cost plus minimum mark-upwithout first havingobtained from the director a permit so to do; and the director is authorizedto issue such a permit in the following cases:
(a) where the retailer is actually closingout his or herstock for the purpose of completely discontinuing sale of such item ofalcoholic liquor for a period of not less than twelve (12) months;
(b) where the item of alcoholic liquor is damaged or deterioratedin quality and notice is given to the public thereof; or
(c) where the sale of the item of alcoholic liquor is by anofficer acting under the order of any court.
History: L. 1961, ch. 241, § 7; L. 1979, ch. 153, § 10; May 10.
41-1117.Same; filing, publication and distribution of minimum mark-ups;effective date; less than minimum mark-up, when permitted.(1) Whenever the board shall establishminimum retailer mark-ups, it shall immediately filea copy thereof with the director. The director,at least once in each quarter of each year, shall publish such minimummark-ups and shall promptly maila copy to each licensed distributor and retailer authorizedto do business in this state. Minimum mark-ups shallbecome effective at twelve (12) o'clock midnight on the last dayof the first calendar month commencing after the seventh (7th)day following the day such mark-ups are mailed to licensed retailers.
(2) No retailer shall sell, directly or indirectly,any alcoholic liquor at lessthan its current posted bottle cost plus minimum mark-upwithout first havingobtained from the director a permit so to do; and the director is authorizedto issue such a permit in the following cases:
(a) where the retailer is actually closingout his or herstock for the purpose of completely discontinuing sale of such item ofalcoholic liquor for a period of not less than twelve (12) months;
(b) where the item of alcoholic liquor is damaged or deterioratedin quality and notice is given to the public thereof; or
(c) where the sale of the item of alcoholic liquor is by anofficer acting under the order of any court.
History: L. 1961, ch. 241, § 7; L. 1979, ch. 153, § 10; May 10.
41-1117.Same; filing, publication and distribution of minimum mark-ups;effective date; less than minimum mark-up, when permitted.(1) Whenever the board shall establishminimum retailer mark-ups, it shall immediately filea copy thereof with the director. The director,at least once in each quarter of each year, shall publish such minimummark-ups and shall promptly maila copy to each licensed distributor and retailer authorizedto do business in this state. Minimum mark-ups shallbecome effective at twelve (12) o'clock midnight on the last dayof the first calendar month commencing after the seventh (7th)day following the day such mark-ups are mailed to licensed retailers.
(2) No retailer shall sell, directly or indirectly,any alcoholic liquor at lessthan its current posted bottle cost plus minimum mark-upwithout first havingobtained from the director a permit so to do; and the director is authorizedto issue such a permit in the following cases:
(a) where the retailer is actually closingout his or herstock for the purpose of completely discontinuing sale of such item ofalcoholic liquor for a period of not less than twelve (12) months;
(b) where the item of alcoholic liquor is damaged or deterioratedin quality and notice is given to the public thereof; or
(c) where the sale of the item of alcoholic liquor is by anofficer acting under the order of any court.
History: L. 1961, ch. 241, § 7; L. 1979, ch. 153, § 10; May 10.
