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This is an obsolete version of the rule. Please click on the rule number to view the current version.

42.11.409    REVISED LISTING, CLOSEOUT, AND OVERSTOCK

(1) A product that no longer meets the current criteria in ARM 42.11.406 will be listed in a classification commensurate with its sales volume and effective with the quarterly price book.

(2) A product that a vendor discontinues and is not marketed by another vendor will be closed out and removed from the quarterly price book in accordance with ARM 42.11.104.

(3) Inventory in excess of the projected 12 months of sales for a product will be treated as overstock in accordance with ARM 42.11.104.

(4) The effective date of a closeout sale or overstock sale is as soon as written notice can be disseminated to state agency liquor stores.

(5) Products that have been discontinued may be sold to licensees at or below the department's last known posted price.

(6) Products that have been discontinued may be sold to the general public at any price.

 

History: 16-1-103, 16-1-303, MCA; IMP, 16-1-103, 16-1-104, 16-1-302, MCA; NEW, 1988 MAR p. 87, Eff. 1/15/88; AMD, 1990 MAR p. 1839, Eff. 9/28/90; AMD, 2001 MAR p. 348, Eff. 2/23/01; AMD, 2003 MAR p. 2899, Eff. 12/25/03; AMD, 2007 MAR p. 478, Eff. 4/13/07.

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