- A. The sale of beer by a wholesale dealer to a retail dealer shall be made only for cash. Any maneuver, device, or shift of any kind by either wholesaler or retailer, whereby credit is extended or obtained, is a violation of the Beer Cash Law.
- B. Only retail beer dealers operating under a documentary permit, issued to them by the collector of revenue, may give a check for the payment of beer, and then only when such check is given and accepted in accordance with these regulations.
C. A check given by a retail dealer in payment for beer shall be considered a cash consideration only when the following conditions are met.
- 1. The check is drawn on the account of the retail dealer making the purchase.
- 2. The check is given not later than simultaneously upon delivery of the beer.
- 3. The check is dated not later than the date of delivery of beer.
- 4. The check is for an amount not exceeding the total invoice price.
- 5. The check is paid by the drawee bank when first presented for payment.
- D. Retail dealer checks accepted by a wholesale dealer may not be surrendered back to the retail dealer for cash before first presenting the check to the bank for payment in accordance with these regulations.
- E. An applicant for a retail beer permit commencing a new business, or taking over a going business, may not give a check in payment for beer until the documentary permit has been issued by the Collector of Revenue; the applicant must meet payment with cash, or, with certified payment.
- F. A check returned unpaid because of being drawn against uncollected funds is a violation of the Beer Cash Law; the dealer issuing the check may not claim the reason for the check being unpaid as a defense for the violation.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 26:32 and R.S. 26:793.
Historical Note
HISTORICAL NOTE: Adopted by the Department of Public Safety, Office of Alcoholic Beverage Control, 1948, filed at the Office of the State Register, 1974.