Unless otherwise prescribed by the Authority where, in connection with a transfer or sale of a licensed business, the Authority issues a license to the purchaser, who assumes the debts of a seller who is on the delinquent list, the purchaser shall not purchase alcoholic beverages except for cash and his name shall be published on the delinquent list.
N.Y. Comp. Codes R. & Regs. Tit. 9 § 68.11