45 IAC 12-5-8 Discontinuance, sale or transfer of distributor's business; notice to administrator

Sec. 8. (a) A licensed distributor shall notify the administrator in writing at least ten (10) days prior to the licensed distributor's ceasing to do business as a distributor. (b) The notice shall give the date of discontinuance or the date of sale or transfer and the name and address of the purchaser or transferee. (c) A licensed distributor who is subject to this section must maintain books and records for a period of three (3) years after the date of discontinuance, sale or transfer pursuant to Indiana Code 6-8.1-5-4.