§ 101-aaa. Terms of sale; beer or wine products. 1. As used in this\nsection:\n a. "Credit period" means the following:\n (1) A period beginning on Thursday, January first, two thousand four\nand ending on Sunday, January eighteenth, two thousand four; and\n (2) A period beginning on the first Monday succeeding the concluding\nday of each prior period and ending on the second succeeding Sunday\nthereafter.\n b. "Payment period" means the period ending on the twelfth day\nimmediately following the last day of any credit period.\n c. "Final payment date" means the last day of a payment period.\n d. "Delinquent notice date" means the third business day immediately\nfollowing a final payment date.\n e. "Notification date" means the day immediately following a\ndelinquent notice date.\n f. "Retail licensee" means a person licensed pursuant to this chapter\nwho purchases beer and/or wine products for resale for on or off\npremises consumption, except a person licensed to sell liquor and/or\nwine for off premises consumption.\n g. "Cash" means and includes currency and coin of the United States of\nAmerica, certified check, money order, electronic funds transfer, bank\nofficer's check or draft, or a check drawn on the account of the retail\nlicensee payable to the manufacturer or wholesaler and dated no later\nthan the date of delivery of the alcoholic beverages and which is\nhonored upon presentment for payment; provided, however, that if any\ncheck or other instrument described in this paragraph tendered by a\nretail licensee on the delinquent list is not honored upon presentment\nfor payment, the license of such retail licensee may be suspended for\nnot more than fifteen days for the first offense, and not more than\nsixty days for a subsequent offense, which penalty shall be in addition\nto the penalty provided for by the provisions of subdivision six of this\nsection, and provided further, that nothing in this section shall\nrequire a manufacturer or wholesaler to accept a check tendered by or\ndrawn on the account of a retail licensee on the delinquent list unless\nthe same has been certified.\n h. "Business payment card" means: (1) any credit card issued to a\nretail licensee for business or commercial use pursuant to an agreement\nthat allows the holder thereof to obtain goods and services on the\ncredit of the issuer or a debit card that provides access to a bank\naccount of a retail licensee; (2) a credit or debit card from an issuer\naccepted by the manufacturer or wholesaler as permitted by the authority\nin regulation; and (3) such credit card shall not include cards in which\na manufacturer or wholesaler has a financial interest or cards by which\ntheir use benefits a manufacturer or wholesaler. Such card must be\nissued in the same name as a retail licensee and registered to the same\naddress as the address on the retail license, or as otherwise permitted\nby the authority in regulation.\n i. "Final cash invoice amount" means the amount charged by a\nmanufacturer or wholesaler to a retail licensee pursuant to paragraphs\n(a) and (b) of subdivision two of this section.\n j. "Final business payment card invoice amount" means the amount\ncharged by a manufacturer or wholesaler to a retail licensee pursuant to\nparagraph (c) of subdivision two of this section; and shall equal the\nfinal cash invoice amount plus three percent of the final cash invoice\namount. The three percent represents the surcharges and fees that are\ncharged to the manufacturer or wholesaler by the business payment card\nissuer or a person or entity associated with the issuer.\n 2. No manufacturer or wholesaler licensed under this chapter shall\nsell or deliver any beer, mead, cider or wine products to any retail\nlicensee except as provided for in this section:\n (a) for cash to be paid at the time of delivery;\n (b) on terms requiring payment by such retail licensee for such beer,\nmead, cider, or wine products on or before the final p
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