CHAPTER 60. STATE CONTROL OF ALCOHOLIC LIQUORS.

§60-3-7. Compensation and bond of agent.

Agents shall be compensated based upon the average monthly gross revenues of the agency or store, excluding sales tax thereon. The amount of compensation shall be computed and paid as follows:

(1) For gross revenues up to $3,000 per month, $400 compensation per month.

(2) For gross revenues of not less than #3,000 nor more than $6,000 per month, ten percent of all gross revenues between said $3,000 and $6,000, which shall be in addition to the compensation as provided in subdivision (1) hereinabove.

(3) For gross revenues of not less than $6,000 nor more than $8,000 per month, eight percent of all gross revenues between said $6,000 and $8,000, which shall be in addition to the compensation as provided in subdivisions (1) and (2) hereinabove.

(4) For gross revenues of not less than $8,000 nor more than $10,000 per month, six percent of all gross revenues between said $8,000 and $10,000, which shall be in addition to the compensation as provided in subdivisions (1), (2) and (3) hereinabove.

(5) For gross revenues over $10,000 per month, four percent of all gross revenues over said $10,000 amount, which shall be in addition to the compensation as provided in subdivisions (1), (2), (3) and (4) hereinabove.

The agent shall pay for utilities, renovations and operating expenses of the agency from the compensation set forth herein.

Each agent shall give bond in an amount fixed by the commissioner conditioned upon the faithful observance of the provisions of this chapter, compliance with the rules and regulations of the commissioner, and the accounting for and paying over of all moneys coming into his custody by virtue of his agency. An agent shall not, at any time, have on hand a stock of alcoholic liquors greater in value than the amount of his bond.

Bills Affecting §60-3-7

2001 Regular Session: SB628
2002 Regular Session: SB499
2003 Regular Session: SB89
2003 Regular Session: SB478
2004 Regular Session: HB4146
2004 Regular Session: SB114
2004 Regular Session: SB627
2005 Regular Session: SB627
2006 Regular Session: HB4405
2006 Regular Session: HB4415
2006 Regular Session: SB24
2007 Regular Session: HB2536
2009 1X: HB105
2009 1X: SB1007
2009 Regular Session: HB2572
2009 Regular Session: HB3158
2009 Regular Session: SB282
2010 Regular Session: HB4205
2011 Regular Session: HB3178
2011 Regular Session: HB3263
2012 Regular Session: HB3178
2013 Regular Session: HB2016
2013 Regular Session: HB3004
2013 Regular Session: HB3022
2013 Regular Session: SB590
2014 Regular Session: HB3004
2014 Regular Session: HB4292
2015 Regular Session: HB2633
2015 Regular Session: HB2915
2015 Regular Session: HB2937
2015 Regular Session: HB2957
2015 Regular Session: SB522
2015 Regular Session: SB574
2016 Regular Session: HB2633
2016 Regular Session: HB2937
2016 Regular Session: HB4701
2017 Regular Session: HB2820
2017 Regular Session: HB2820
2017 Regular Session: SB335
2017 Regular Session: SB479
2018 Regular Session: SB422
2019 Regular Session: HB2603
2019 Regular Session: HB3106
2019 Regular Session: HB3146
2019 Regular Session: SB367
2021 Regular Session: HB2912
2021 Regular Session: HB2912
2021 Regular Session: SB281
2021 Regular Session: SB600