27 CFR 11.36 - Termination of franchise.

Regulations last checked for updates: Oct 18, 2024

Title 27 - Alcohol, Tobacco Products and Firearms last revised: Oct 16, 2024

View all text of Subpart D [§ 11.31 - § 11.46]

§ 11.36 - Termination of franchise.

When an industry member has sold products for cash or credit to one of its wholesalers and the distributorship arrangement is subsequently terminated, stocks of the product on hand may be returned for cash or credit against outstanding indebtedness.

authority: 15 U.S.C. 49-50; 27 U.S.C. 202 and 205

source: T.D. ATF-74, 45 FR 63258, Sept. 23, 1980, unless otherwise noted.

cite as: 27 CFR 11.36