Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 27 - Alcohol, Tobacco Products and Firearms |
Chapter I - Alcohol and Tobacco Tax and Trade Bureau, Department of the Treasury |
SubChapter A - Alcohol |
Part 11 - Consignment Sales |
Subpart D - Rules for the Return of Distilled Spirits, Wine, and Malt Beverages |
Exchanges and Returns for Ordinary and Usual Commercial Reasons |
§ 11.36 - Termination of franchise.
Latest version.
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§ 11.36 Termination of franchise.
When an industry member has sold products for cash or credit to one of its wholesalers and the distributorship arrangement is subsequently terminated, stocks of the product on hand may be returned for cash or credit against outstanding indebtedness.