A licensee under a retailer’s license shall not sell on credit any alcoholic beverages except as provided in this section. For purposes of this section, the extension of credit by the licensee under an off-premises retailer’s license in connection with the sale of an alcoholic beverage through a document, device, or plan intended or adapted for the purpose of establishing credit, except through the use of a credit card, shall be considered a sale on credit. This section shall not prohibit a club from extending credit to its members or the guests of members or a hotel from extending credit to its registered guests. This section shall not prohibit the licensee under an on-premises retailer’s license from accepting payment by credit card for sales of alcoholic beverages to customers.
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