2016 Vermont Statutes
Title 7 - Alcoholic Beverages
Chapter 3 - Prohibited Acts
§ 70 Manufacturers of malt beverages; transfer of malt beverages between licensed locations
[Section 70 repealed effective July 1, 2017.]§ 70. Manufacturers of malt beverages; transfer of malt beverages between licensed locations
(a) A licensed manufacturer of malt beverages may transfer malt beverages to a second licensed manufacturer of malt beverages provided:
(1) the manufacturers are part of the same company;
(2) one manufacturer owns the controlling interest in the other manufacturer; or
(3) the controlling interest in each manufacturer is owned by the same person.
(b) For each transfer of malt beverages pursuant to this section, the manufacturers shall:
(1) document on invoices the amount of malt beverages transferred; and
(2) prepare and maintain records of each transfer in accordance with all applicable federal laws and regulations.
(c) The tax on malt beverages pursuant to section 421 of this title shall not be due at the time of the transfer, but shall be paid as provided in section 421 of this title when the transferred malt beverages are either:
(1) sold by a wholesaler or bottler to a retailer in this State; or
(2) sold at retail by the manufacturer that received the transferred malt beverages. (Added 2015, No. 144 (Adj. Sess.), § 13a.)