Texas Alcoholic Beverage Code

§ 32.06 — POOL SYSTEM

AL § 32.06Title 3. LICENSES AND PERMITS · Part A. PERMITS · Ch. 32. PRIVATE CLUB REGISTRATION PERMIT

Statute text

(a)The pool system of storage may be used in any area. Under this system all members of a pool participate equally in the original purchase of all alcoholic beverages. The original purchase may be funded by a cash contribution from each member or from a loan to the club by a third person guaranteed by all the members. A person who provides a loan to the club under this subsection may be related or unrelated to the club. A loan for the original purchase may be repaid from the alcoholic beverages replacement account. The replacement of all alcoholic beverages shall be paid for either by money assessed equally from each member and collected in advance or by the establishment of an alcoholic beverages replacement account in which a designated percentage of each charge for the service of alcoholic beverages, as determined by the club's governing body, is deposited.

(b)If an alcoholic beverages replacement account is used:

(1)each service check may have printed on it the percentage of the service charge that is to be deposited in the alcoholic beverages replacement account;

(2)no money other than the designated percentage of service charges may be deposited in the replacement account;

(3)the replacement of alcoholic beverages may be paid for only from money in the replacement account;

(4)the club's governing body may transfer from the replacement account to the club's general operating account any portion of the replacement account that the governing body determines is in excess of the amount that will be needed to purchase replacement alcoholic beverages or repay a loan for the original purchase of alcoholic beverages, but it may make only one transfer in a calendar month; and

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Legislative history

Acts 2005, 79th Leg., Ch. 1262 (H.B. 2065), Sec. 2, eff. September 1, 2005.