Ala. Admin. Code r. 795-7-6-.04

Current through Register Vol. 43, No. 1, October 31, 2024
Section 795-7-6-.04 - Settlement

A vendor who is removed, suspended, terminated or for any reason discontinues his affiliation with BEP or a particular vending facility shall leave all equipment, stocks, and supplies for distribution by the SLA as follows:

(a) The SLA will inventory the equipment, stocks, and supplies on hand and compute the value thereof at wholesale costs. The vendor will be notified of the date and time of the inventory. The vendor, or his/her designee, may be present but in no way shall the vendor's absence prevent the SLA from conducting an inventory.
(b) From the computed value of the inventory shall be deducted any sums due from the vendor to the SLA for equipment, stocks, supplies, and/or set-aside funds.
(c) The surplus, if any, shall accrue to the vendor or his/her estate.
(d) In the event the vending facility is suitable for the placement of another vendor, the SLA will offer to purchase the inventory. The inventory shall be appropriate and suitable for resale. If the SLA purchases inventory, they shall pay the vendor amounts owed within 30 days or at the completion of a documented and signed inventory.
(e) If the final settlement discloses that a vendor is indebted to the SLA for equipment, stocks, supplies, and/or the set-aside fund, he/she or his/her estate shall pay the full amount due within 90 days.
(f) Failure to pay any amount due to the SLA shall disqualify the vendor from obtaining a vending facility until the indebtedness is satisfied.

Ala. Admin. Code r. 795-7-6-.04

New Rule: Filed January 19, 2000; effective February 23, 2000.
Amended by Alabama Administrative Monthly Volume XXXV, Issue No. 06, March 31, 2017, eff. 4/20/2017.

Authors: Alabama Board of Rehabilitation Services, Alabama Elected Committee of Blind Vendors

Statutory Authority:Code of Ala. 1975, §§ 21-1-40, 21-9-9; 20 U.S.C. 107 et. seq.