Okla. Admin. Code § 45:10-3-17

Current through Vol. 42, No. 4, November 1, 2024
Section 45:10-3-17 - Payment of insufficient fund checks or electronic transfers

If any holder of a Retail Spirit, Retail Beer, RetailWine, Beer and Wine, Mixed Beverage, Special Event, Public Event, Brewer, Small Brewer, Winemaker, Small Farm Winery or Caterer's license or employee shall give an insufficient electronic transfer or no-fund check to a licensed Wine and Spirits Wholesaler, Beer Distributor, Small Brewer Self-Distributor, Brewpub Self-Distributor, or Winemaker Self-Distributor in payment for alcoholic beverages purchased by said licensee, said invoice shall be paid only by cash, bank draft, cashier's check, express or postal money order. Under no circumstances shall another check or electronic transfer of said licensee be accepted or received by said licensed Wine and Spirits Wholesaler, Beer Distributor, Small Brewer Self-Distributor, Brewpub Self-Distributor, or Winemaker Self-Distributor in payment of said check; PROVIDED, if such licensee or employee has on deposit for collection in the bank upon which such insufficient check should be drawn sufficient funds to pay such check or cover the electronic transfer, then in that event, any such check or electronic transfer given to a licensed Wine and Spirits Wholesaler, Beer Distributor, Small Brewer Self-Distributor, Brewpub Self-Distributor, or Winemaker Self-Distributor shall not be construed to mean an insufficient electronic transfer or no-fund check.

Okla. Admin. Code § 45:10-3-17

Amended by Oklahoma Register, Volume 35, Issue 24, September 4, 2018, eff. 10/1/2018
Amended by Oklahoma Register, Volume 41, Issue 23, August 15, 2024, eff. 8/25/2024