Iowa Admin. Code r. 567-107.14

Current through Register Vol. 47, No. 5, September 4, 2024

Rule 567-107.14 - Payment of refund value by distributors

(1)Payment to participating dealers. A distributor shall issue to a participating dealer payment of the refund value and handling fee within one week following pickup or when the dealer pays the distributor for the beverages, if payment is less frequent than weekly pursuant to an agreement between the distributor and participating dealer.

(2)Payment to approved redemption centers. A distributor shall issue to an approved redemption center payment of the refund value and handling fee within one week following pickup unless otherwise agreed to by both the distributor and the redemption center.

(3)Payment to redemption centers and dealer agents delivering containers to distributors. A distributor shall issue to a redemption center or dealer agent payment of the refund value and handling fee within one week of delivery and acceptance of empty beverage containers, unless otherwise agreed to by both the redemption center and the distributor or by both the dealer agent and the distributor, as the case may be.

Iowa Admin. Code r. 567-107.14

Amended by IAB January 11, 2023/Volume XLV, Number 14, effective 12/16/2022