SECTION .0600 - SPECIAL REQUIREMENTS FOR CONVENTION CENTERS, COMMUNITY THEATRES, SPORTS CLUBS, AND NONPROFIT AND POLITICAL ORGANIZATIONS

14b NCAC 15b .0601       RECORD KEEPING

(a)  Convention centers, community theatres, nonprofit and political organizations holding Mixed Beverages permits shall maintain full and accurate monthly records of their finances, separately indicating each of the following:

(1)           amounts expended for the purchase of spirituous liquor from ABC stores and the quantity of spirituous liquor purchased;

(2)           amounts collected from the sale of mixed beverages and, by brand and container size, the quantity of spirituous liquor sold; and

(3)           the quantity of spirituous liquor, by brand and container size, that was not sold but is no longer on the premises due to stated reasons, such as breakage or theft.

(b)  Segregation of Records.  Records of purchases of spirituous liquor and sales of alcoholic beverages shall be filed separate and apart from all other records maintained on the premises.

(c)  Retention and Inspection of Records.  Records, including original invoices related to alcoholic beverages and mixed beverages, shall be maintained on the premises for three years and shall be open for inspection or audit pursuant to G.S. 18B-502.

(d)  Submission of Financial Records.  A permittee holding a Mixed Beverages permit under this Rule shall submit to the Commission for its review, reports summarizing the information required to be maintained by the rule.  These reports shall be submitted on an annual basis or upon request by the Commission.

History Note:        Authority G.S. 18B-100; 18B-207; 18B-1007;

Eff. July 1, 1992;

Temporary Amendment Eff. September 24, 1993 for a Period of 180 Days or Until the Permanent Rule Becomes Effective, Whichever is Sooner;

Amended Eff. April 1, 2011; February 1, 1994;

Transferred and Recodified from 04 NCAC 02S .0612 Eff. August 1, 2015;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. August 20, 2016.