16-2-404. Sales of returned liquor. Any inventory owned by the state that is located in either an agency liquor store or an employee-operated state liquor store prior to the operation of either 16-2-402 or 16-2-403, which in the opinion of the department of revenue is not economically feasible to be sold in agency liquor stores, may be returned to the state liquor warehouse. The department may, between July 1, 1995, and June 30, 1996, dispose of this inventory in any commercially reasonable manner, including but not limited to retail sales from the state liquor warehouse to retail licensees. After the department has exhausted all attempts to commercially dispose of the inventory, the department may dispose of it in any manner meeting its sound discretion.

     History: En. Sec. 4, Ch. 530, L. 1995.