N.J. Admin. Code § 18:18-3.14

Current through Register Vol. 56, No. 24, December 18, 2024

Section 18:18-3.14 - Physical inventory required

(a) Every supplier, distributor, terminal operator, and retail dealer is required to take a physical inventory of the fuel on hand on the first or last day of every calendar month and to keep records of such inventory for a four-year period and to maintain all other information required pursuant to this chapter at all times for the inspection of the Director, or his or her assistants.

(b) Failure to comply with the requirements of this section is grounds for revocation or suspension of the supplier, distributor, terminal operator, and retail dealer license, at the Director's discretion.

Amended by 49 N.J.R. 2805(c), effective 8/21/2017

Amended by 56 N.J.R. 2338(a), effective 12/16/2024