27 C.F.R. § 31.192 Retail dealer selling in liquidation his entire stock.
Title 27 - Alcohol, Tobacco Products and Firearms
No retail dealer in liquors or retail dealer in beer, selling in liquidation his entire stock of liquors in one parcel, or in parcels embracing not less than his entire stock of distilled spirits, of wines, or of beer, which parcels may contain a combination of any or all such liquors, to any other dealer shall be deemed to be a wholesale dealer in liquors or a wholesale dealer in beer, as the case may be, by reason of such sale or sales. A retail dealer making such sale or sales is not required to keep records or submit reports thereof. (72 Stat. 1340; 26 U.S.C. 5113)
Title 27: Alcohol, Tobacco and Firearms
PART 31—ALCOHOL BEVERAGE DEALERS
Subpart L—Exemptions and Exceptions
Persons Who Are Not Dealers in Liquors or Beer
§ 31.192 Retail dealer selling in liquidation his entire stock.
