I. No licensee shall sell beverages or liquor on credit.
II. Notwithstanding the provisions of paragraph I on-premises and off-premises licensees may extend credit through the medium of credit cards or to commercial accounts, for which payment is received within 30 days of the date of the transaction.
Source. 1990, 255:1. 1996, 275:30. 2003, 231:32, eff. July 1, 2003.