1. (a) All alcoholic beverages are subject to levy and other judicial process the same as any other personal property under the general laws of the state.
2. (b) Sale thereof may be made to lien holders and to permittees and licensees who are privileged to purchase and sell the same.
3. (c) In all instances after such sale has been made the person making such a sale shall notify the administrator at Austin, giving the date of sale, the names and address of both the original owner and the purchaser, an inventory of the beverages sold and the name of the lien holder or lien holders. A lien holder who is not a licensee or permittee and who purchases the same or who procures title thereto in any other lawful manner, shall dispose of such alcoholic beverages within 30 days after acquiring title thereto, provided however, that the administrator may grant an additional time for good cause shown.
4. (d) As a condition precedent to making such resale the lien holder shall apply to the administrator for permission to make such sale. The application shall show the name and address of the intended purchaser, the number of his license or permit, the amount of beverages and kind to be sold and date and manner in which he procured title thereto.

Source Note:The provisions of this §41.1 adopted to be effective January 1, 1976.