§2–116.

    (a)    There is a private bulk sales permit.

    (b)    The Executive Director may issue the permit to an individual who:

        (1)    is at least 21 years old;

        (2)    is a resident of the State;

        (3)    files with the Executive Director an inventory of all alcoholic beverages to be sold; and

        (4)    certifies that all alcoholic beverages to be sold:

            (i)    have been acquired legally and transported into the State in accordance with this article; and

            (ii)    are owned by the individual at the time of application.

    (c)    The permit authorizes the holder to sell the permit holder’s private stock of alcoholic beverages to a person in accordance with this section.

    (d)    A sale under the permit may:

        (1)    be made by:

            (i)    the permit holder; or

            (ii)    an unlicensed agent or auction company acting on behalf of the permit holder;

        (2)    take place on:

            (i)    a premises not licensed under this article; or

            (ii)    a private room of an on–sale retail license holder; and

        (3)    be made to:

            (i)    a State resident who is at least 21 years old;

            (ii)    a retail dealer who holds the proper class of license; or

            (iii)    a person outside the State, if the person may ship alcoholic beverages purchased under the permit to the person’s home state or state of ultimate destination.

    (e)    (1)    A permit expires 60 days after it is issued.

        (2)    A person may not be issued more than two permits in a calendar year.

    (f)    The permit fee:

        (1)    is $25; and

        (2)    covers the sale of a specific inventory of alcoholic beverages.

    (g)    The Executive Director may adopt regulations regarding any activity relating to the permit, including record–keeping and reporting requirements.