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42.11.409    REVISED LISTING AND OVERSTOCK

(1) A product that no longer meets the current criteria in ARM 42.11.405 will be listed in a classification commensurate with its sales volume and effective with the quarterly price book.

(2) Inventory in excess of a historical eight-week case demand for a product will be treated as overstock.

(3) The department shall provide a vendor with written notice of any inventory identified as overstock. The vendor shall remove the overstock from the state liquor warehouse within 30 days of the department's notice. If the vendor fails to remove the overstock by the prescribed date in the notice, the department may, in its discretion, dispose of the overstock or return it to the vendor at the vendor's expense.

 

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; AMD, 2013 MAR p. 176, Eff. 2/1/13; AMD, 2020 MAR p. 1745, Eff. 9/26/20.

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