N.D. Admin. Code 51-03-03-15

Current through Supplement No. 394, October, 2024
Section 51-03-03-15 - Authorized discounts for prompt payment

Processors and distributors may grant a two percent discount to retailers who make timely payment for milk products, shake, soft serve mix, and frozen dairy products within fourteen days of the statement date. All statements shall be on a weekly basis, and the weekly cutoff date shall remain the same. Said discount shall not be allowed if a retailer is participating in a central billing service plan as permitted by section 51-02-02-12.

N.D. Admin Code 51-03-03-15

Amended effective August 1, 1993.

General Authority: NDCC 4-18.1-03, 4-18.1-07, 4-18.1-20, 28-32-03.1(3)

Law Implemented: NDCC 4-18.1-07