1. (a) A holder of a mixed beverage permit who desires to discontinue business may dispose of his inventory on hand in the following manner:

   1. (1) The permit shall be submitted to the commission for cancellation.
   2. (2) A bill of sale shall be prepared showing the complete inventory of alcoholic beverages on hand. The inventory shall show the brand and size of each container of alcoholic beverages and the identification stamp number affixed to each container of distilled spirits.
   3. (3) The selling mixed beverage permit holder shall obtain permission to make the sale to another permit holder from the district supervisor of the commission in the district where the selling permittee is located.
   4. (4) Both the selling permittee and the purchasing permittee shall sign the bill of sale under oath before a notary public swearing to the correctness of the sales transaction. A copy of the bill of sale must be submitted to the district office of the commission.
   5. (5) All alcoholic beverages shall be sold in one single sale to a holder of a mixed beverage permit.

2. (b) A holder of a mixed beverage permit who holds more than one such permit and who submits one of his permits to the commission for cancellation and desires to transfer the alcoholic beverages on hand at the place covered by the permit sought to be cancelled shall do the following:

   1. (1) notify the district supervisor of the commission in the district where each permit is located and obtain approval;
   2. (2) submit the proper permit to the commission for cancellation;
   3. (3) prepare and submit a complete inventory of alcoholic beverages on hand showing the brand and size of container of each alcoholic beverage and the identification stamp number affixed to each container of distilled spirits;
   4. (4) sign the inventory under oath before a notary public swearing to the correctness of the facts stated therein. A copy of the inventory shall be submitted to the district office of the commission.

Source Note:The provisions of this §41.4 adopted to be effective January 1, 1976.