§85. Inventory and working capital
1. Net profits are general revenue.
[PL 2013, c. 368, Pt. V, §22 (RP).]
2. Inventory. The bureau may keep and have on hand a stock of spirits for sale, the value of which when priced for resale must be computed on the delivered case cost F.O.B. liquor warehouse designated by the commission filed by spirits suppliers. The inventory value must be based upon actual cost for which payment may be due. Spirits may not be considered to be in the inventory until payment has been made for them.
[PL 2021, c. 658, §60 (AMD).]
3. Authorized working capital.
[PL 2013, c. 368, Pt. V, §22 (RP).]
SECTION HISTORY
PL 1997, c. 373, §28 (NEW). PL 2013, c. 269, Pt. C, §5 (AMD). PL 2013, c. 269, Pt. C, §13 (AFF). PL 2013, c. 368, Pt. V, §22 (AMD). PL 2013, c. 476, Pt. A, §11 (AMD). PL 2021, c. 658, §60 (AMD).
Structure Maine Revised Statutes
Chapter 3-A: ADMINISTRATION AND ORGANIZATION
28-A §81. State Liquor and Lottery Commission
28-A §82. Bureau of Liquor Enforcement (REPEALED)
28-A §82-A. Enforcement of licensing
28-A §83. Bureau of Alcoholic Beverages and Lottery Operations (REPEALED)
28-A §83-A. Bureau of Alcoholic Beverages and Lottery Operations (REPEALED)
28-A §83-B. Enforcement and licensing activities of the bureau
28-A §83-C. Administration of the spirits business by the bureau; rules
28-A §84. Director of Bureau of Alcoholic Beverages and Lottery Operations
28-A §85. Inventory and working capital
28-A §86. Conflict of interest
28-A §87. Eligibility of employees
28-A §88. Transfer of wholesale liquor activities (REPEALED)
28-A §89. Renewal of contracts for wholesale liquor activities (REPEALED)
28-A §90. Contract for wholesale spirits activities and marketing