Section 45IAC12-5-8. Discontinuance, sale or transfer of distributor's business; notice to administrator

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   (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. (Department of State Revenue; Reg 6-6-1.1-512(010); filed Sep 19, 1983, 2:23 pm: 6 IR 2324)

                    
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