804 KAR 7:020. Stock during suspension of license period.
RELATES TO: KRS 243.480
STATUTORY AUTHORITY: KRS 241.060
NECESSITY, FUNCTION, AND CONFORMITY: There being no specific provision for the handling or custody of the alcoholic beverage stock of a retail licensee, this administrative regulation is necessary to inform the licensee that his stock of alcoholic beverages, during the period of suspension, should be under lock and key or the entire business closed.
Section 1. (1) Since the Alcoholic Beverage Control Law makes no specific provision for the disposition of the stock of merchandise during the period a retail license is suspended, it is therefore ordered that the retail licensee must keep the entire stock of merchandise in a separate locked department or close his place of business during the period of the suspension.
(2) Failure to comply with this administrative regulation will subject the licensee to possible revocation. (ABC 6:20; 1 Ky.R. 844; eff. 5-14-75.)