Sec. 30-31. Sale of warehouse receipts for alcoholic beverages.
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/ct/title-30/chapter-545-liquor-control-act/30-31·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any bank, trust company or financial institution owning or possessing warehouse receipts for alcoholic beverages acquired as security for a loan may sell such warehouse receipts to a permittee authorized to sell such alcoholic beverages or such warehouse receipts. Any sale or sales made under the provisions of this section shall be subject to approval by the Department of Consumer Protection.