Code of Federal Regulations (alpha)

CFR /  Title 27  /  Part 31  /  Sec. 31.124 Stockholder continuing business of corporation.

A registration completed by a corporation as a dealer in liquors, or as a dealer in beer, cannot cover the same business carried on by one or more of its stockholders after dissolution of the corporation. The stockholder(s) must register as a new business. (26 U.S.C. 5124)