Nevada Revised Statutes — Title 32 (Revenue and Taxation)
Nev. Rev. Stat. § 369.4867 — Bulk sale of liquor by retailer
1. A retailer who intends to make a bulk
sale of liquor shall, at least 30 days before the proposed bulk sale, provide
notice to:
(a) A wholesaler who currently sells liquor to
the retailer; and
(b) A wholesaler who has sold liquor to the
retailer within the immediately preceding 12 months.
2. The notice provided pursuant to
subsection 1 must state:
(a) That a sale of liquor which may constitute a
bulk sale will be made;
(b) The prospective date of the bulk sale;
(c) The individual, partnership or corporate
names and addresses of the retailer and the purchaser of the bulk sale; and
(d) The address to which inquiries about the bulk
sale may be made, if different from the retailers address.
3. If the retailer owes a debt to the
wholesaler associated with the purchase of the liquor that will be sold or
transferred through the bulk sale, the notice provided pursuant to subsection 1
must be accompanied by:
(a) A signed affidavit of the retailer which
states that the debt owed to the wholesaler will be paid by the retailer to the
wholesaler from the proceeds of the bulk sale; or
(b) A signed assumption of the debt by the
purchaser of the bulk sale, assuming all the debt owed by the retailer to the
wholesaler.
4. Any bulk sale subject to the provisions
of this section is void if the retailer fails to satisfy the requirements of
subsection 2 or 3, as applicable.
5. As used in this section, bulk sale
means the sale or transfer to a purchaser in bulk, and not in the ordinary
course of the retailers business, of 50 percent or more of the liquor sold by
a wholesaler to the retailer and in the retailers possession.
Source: official text