I. Holders of a license for an auction or sheriff's sale shall advise all buyers that no liquor or beverage purchased shall be resold.
   II. Any holder of a special license for an auction or sheriff's sale shall supply to the commission within 10 days of the sale the following information:
      (a) Name and address of all buyers.
      (b) The brands, quantity and purchase price of all items purchased by each buyer.
Source. 1990, 255:1, eff. July 1, 1990. 2003, 231:35, eff. July 1, 2003.