§ 9.114. Licensees who have sold their licensed business.

 When a licensee sells his licensed business, and transfer of the license is approved, the Board may, in its discretion, repurchase the liquor in his possession at the time of the transfer of the license; or the licensee may, if he so desires, sell the liquor to the transferee of his license, provided the licensee, at the time the application for transfer of his license is filed, notifies the Board in writing of his intention to include the liquor, or a designated quantity thereof, in the sale of his licensed business, and provided further the licensee furnishes a sworn statement containing a description of the liquor, including brand name, size, and number of containers of each brand so sold to the transferee, when the transfer of the license is approved.

Source

   The provisions of this §  9.114 adopted June 26, 1952; amended through August 29, 1966.

Cross References

   This section cited in 40 Pa. Code §  9.112 (relating to information to be furnished).



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