<?xml version='1.0' encoding='utf-8'?>
<section article="gab" article_name="Alcoholic Beverages and Cannabis" number="2-111" title_number="2" title_name="State-Issued Permits and Licenses" subtitle_number="1" subtitle_name="State Permits">
  <level label="a">
    <text>There is a bulk transfer permit.</text>
  </level>
  <level label="b">
    <text>The Executive Director may issue the permit to a person:</text>
    <level label="1">
      <text>whose alcoholic beverage license has expired or otherwise been discontinued; and</text>
    </level>
    <level label="2">
      <text>who applies for a permit within 60 days after the last day on which the license was effective.</text>
    </level>
  </level>
  <level label="c">
    <level label="1">
      <text>The permit authorizes the holder, with or without consideration, to transfer to a license holder the alcoholic beverages stock on hand on the day of the transfer by sale, gift, inheritance, assignment, or otherwise.</text>
    </level>
    <level label="2">
      <text>The transfer of the alcoholic beverages stock to the license holder shall be completed in the period covered by the permit.</text>
    </level>
  </level>
  <level label="d">
    <level label="1">
      <text>The permit:</text>
      <level label="i">
        <text>covers only a specific transaction; and</text>
      </level>
      <level label="ii">
        <text>expires 10 days after it is issued.</text>
      </level>
    </level>
    <level label="2">
      <text>If the permit holder shows an undue burden, the Executive Director may grant a reasonable extension of the permit.</text>
    </level>
  </level>
  <level label="e">
    <text>The permit fee is $200.</text>
  </level>
</section>
