§1–406.

    (a)    Warehouse receipts covering alcoholic beverages stored in public warehouses in the State, including government controlled warehouses, may be purchased or sold without a license or permit.

    (b)    Alcoholic beverages covered under subsection (a) of this section may be withdrawn or delivered in the State only to a licensed manufacturer or licensed wholesaler.

    (c)    The Executive Director may adopt regulations covering warehouse receipt transactions.