New Hampshire Code of Administrative Rules
Liq - State Liquor Commission
Chapter Liq 900 - LICENSEE DISCOUNT, CREDIT AND BILLING PROCEDURES
Part Liq 903 - BILLING AND PRICING OF ORDERS
Section Liq 903.03 - Payment Deadlines for Credit Purchases

Universal Citation: NH Admin Rules Liq 903.03

Current through Register No. 40, October 3, 2024

Licensees shall pay for merchandise purchased through credit within 18 calendar days, computed as follows:

(a) For merchandise delivered from a warehouse, the 18-day timeline shall begin on the day the transportation agent signs for the merchandise;

(b) For merchandise ordered from a commission liquor store, the 18-day timeline shall begin on the day the licensee or agent of the licensee takes the merchandise from the store; and

(c) A payment shall be late if it is not received by the commission on or before 18 calendar days of the licensee taking ownership.

#4720, eff 1-1-90; ss by #5043, eff 1-11-91; ss by #6391, eff 11-28-96, EXPIRED: 11-28-04

New. #9227, eff 8-6-08, EXPIRED: 8-6-16

Disclaimer: These regulations may not be the most recent version. New Hampshire may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.