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Credit Law

If credit is extended when you purchase alcoholic beverages (ale, malt liquor, distilled spirits or wine) from a seller:

  • These alcoholic beverages, if purchased between the 1st and 15th of the month, must be paid for by the 25th of the month.
  • If they are purchased between the 16th and the last day of the month, they must be paid for by the 10th of the following month.

The retailer is considered delinquent if payment is not received by the seller on or before the 4th business day following the due date (10th or 25th).

If not paid timely, the seller is required by statute to report this non-payment to the commission and your permit will be placed on the agency's internet based credit law delinquent list until the reporting seller notifies the commission that you have paid in full.

An action to cancel or suspend a permit may be initiated for repeat violations of being on the credit law delinquent list.

While the retailer is on the credit law delinquent list, no seller is permitted to sell to the retailer.

If the retailer purchases while on the delinquent list, the commission will take administrative action against the retailer's permit.

 Invoices for the purchase of all alcoholic beverages by the retailer must be maintained for a period of four years from the date of delivery. Invoices must be signed by the retailer upon delivery of the product.