Payment by retailer
Source version current through Jul 31, 2022
Source details
- NYCRR title agency
- Executive Department
- Section status
- Section source receipt
- Source version current through
- Jul 31, 2022
- Text saved
- Jun 6, 2026
- Publisher current-through date
- Jul 31, 2022
- Source captured
- Sep 13, 2026
- Stored text comparison
- Matches the captured source text
- Related Register notice
- LQR-02-19-00006-A · Adopted rule
- Related notice published
- Aug 14, 2019
- Related notice effective date
- Aug 14, 2019
Unless payment for all alcoholic beverages purchased by a retail licensee during a particular credit period is made on or before the appropriate final payment date, such retailer shall be deemed to be in default. Where payment is made by mail, the remittance must be mailed on or before the final payment date. Where such payment is received by the wholesaler subsequent to the final payment date and the envelope containing the remittance is postmarked not later than the business day immediately following the final payment date, the retailer shall not be deemed in default. In such instances the wholesaler shall retain the envelopes for a period of one year.