26 U.S.C. § 5132 — Prohibited purchases by dealers

in plain englishAI-generated · not legal advice

(a) Unless the Secretary’s regulations provide otherwise, a dealer may not buy distilled spirits for resale from anyone except a wholesale liquor dealer required to keep section 5121 records. (b) A limited retail dealer may buy distilled spirits for resale from a retail liquor dealer.

(a) Unless the Secretary’s regulations provide otherwise, a dealer may not buy distilled spirits for resale from anyone except a wholesale liquor dealer required to keep section 5121 records. (b) A limited retail dealer may buy distilled spirits for resale from a retail liquor dealer. (c) Sections 5687 and 7302 contain the penalties and forfeiture rules for violating subsection (a).

the actual law source: uscode.house.gov ↗public domain

(a) In general

Except as provided in regulations prescribed by the Secretary, it shall be unlawful for a dealer to purchase distilled spirits for resale from any person other than a wholesale dealer in liquors who is required to keep the records prescribed by section 5121.

(b) Limited retail dealers

A limited retail dealer may lawfully purchase distilled spirits for resale from a retail dealer in liquors.

(c) Penalty and forfeiture

For penalty and forfeiture provisions applicable to violations of subsection (a), see sections 5687 and 7302.

Source credit: (Added Pub. L. 109–59, title XI, § 11125(b)(12), Aug. 10, 2005, 119 Stat. 1956.)

history & why it existsrecord from the source credit

2005Enacted · Pub. L. 109-59 · 119 Stat. 1956

A history note hasn’t been published yet. The record shows enactment by Pub. L. 109-59 on 2005-08-10.