HARRY HUGHES, Governor

2319

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1984.

Approved May 15, 1984.

CHAPTER 358

(Senate Bill 630)

AN ACT concerning

Bulk Transfers - Alcoholic Beverages

FOR the purpose of including vendors and sellers of alcoholic
beverages among those enterprises subject to the provisions
of the Bulk Transfers Act.

BY repealing and reenacting, with amendments,

Article - Commercial Law

Section 6-102

Annotated Code of Maryland

(1975 Volume and 1983 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Commercial Law

6-102.

(1)  A "bulk transfer" is any transfer in bulk and not in
the ordinary course of the transferor's business of a major part
of the materials, supplies, merchandise or other inventory (§
9-109) of an enterprise subject to this title.

(2)  A transfer of a substantial part of the equipment (§
9-109) of such an enterprise is a bulk transfer if it is made in
connection with a bulk transfer of inventory, but not otherwise.

(3)  The enterprises subject to this title are all those
whose principal business is the sale of merchandise from stock,
including those who manufacture what they sell, [and]
restaurants, AND ALL VENDORS AND SELLERS OF ALCOHOLIC BEVERAGES,
REGARDLESS OF THE FORM IN WHICH SUCH BEVERAGES ARE SOLD, AND
REGARDLESS OF WHETHER SOLD ON A WHOLESALE OR RETAIL BASIS.

(4)  Except as limited by the following section all bulk
transfers of goods located within this State are subject to this
title.