SECTION 45:40-7-2. Sale of entire stock of merchandise

  The requirements for the sale by a Wine and Spirits Wholesaler, Beer Distributor, Retail Spirit, Retail Beer, Retail Wine, Mixed Beverage, or Caterer Licensee of his entire stock of merchandise to another licensee are:

(1)   A written request to sell by the Retail Spirit, Retail Beer, Retail Wine, Beer and Wine, Mixed Beverage, or Caterer licensee desiring to sell to another Retail Spirit, Retail Beer, Retail Wine, Mixed Beverage, Caterer, Wine and Spirits Wholesaler, or Beer Distributor licensee, or a Wine and Spirits Wholesaler licensee desiring to sell to another Wine and Spirits Wholesaler licensee, shall be sent to the Commission.

(2)   An inventory of the entire stock of alcoholic beverages shall accompany such request (two (2) copies).

(3)   The licensee's original license, and any renewal thereof, shall be surrendered for cancellation at the same time, and the statement that it is being surrendered for cancellation shall be included in the request to sell.

(4)   A written request shall also be made by the licensed purchaser requesting permission to make such purchase and a report to the Director in writing of the quantity, brands, and types of such alcoholic beverages which he desires to purchase, and the address to which it is actually to be delivered shall be given in said report. No sale or purchase shall be undertaken by any licensee until written permission has actually been received. No one but a licensee may purchase a business from another.

(5)   A letter giving permission will instruct that the transfer shall only be made during daylight hours and shall be made in a vehicle owned by the purchaser or by a carrier properly licensed by this Department.

(6)   No bottles or containers that have been opened or that are partially filled may be sold or transferred.

[Source: Amended at 35 Ok Reg 853, eff 10-1-18]