Sale of stock in trade on termination of license.

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35-2-9. Sale of stock in trade on termination of license.

Any licensee authorized to deal in alcoholic beverages, upon termination of the license, may at any time within thirty days after the termination of the license sell the whole or any part of the alcoholic beverages included in the licensee's stock in trade at the time of the termination to any wholesaler licensed to sell the alcoholic beverages purchased.

Source: SDC 1939, §5.0106; SL 2008, ch 37, §147; SL 2010, ch 180, §13; SL 2018, ch 213, §29.


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