Section 25-731 - Credit and delinquency(a) For the purposes of this section, the term "payment" means the delivery to the manufacturer or wholesaler of cash or a check, draft, or other order for payment; provided, that the check, draft, or other order of payment is drawn only on the bank account of the retailer or manufacturer.(b) No alcoholic beverage shall be sold by a manufacturer or wholesaler to a retailer or manufacturer, or purchased by a retailer or manufacturer, except on the following terms: (1) full payment in cash on delivery, or (2)full payment in cash before the 16th day of the month following the month of purchase or delivery.(c) A retailer or manufacturer who fails to make payment in full in accordance with the terms of purchase shall not, during the period of delinquency, make any further purchases except for cash on delivery, and, during the period of delinquency, a manufacturer or wholesaler who has knowledge of such delinquency shall not sell any alcoholic beverages to the retailer or manufacturer except for cash on delivery.(d) Subsections (b) and (c) of this section shall constitute a reasonable extension of credit and no enlargement or extension of such terms, whether cash or credit, shall be granted by the manufacturer or wholesaler or accepted by the retailer or manufacturer.May 3, 2001, D.C. Law 13-298, § 101, 48 DCR 2959; Mar. 25, 2009, D.C. Law 17-361, § 2(c)(2), 56 DCR 1204; May 2, 2015, D.C. Law 20-270, § 2(e)(6), 62 DCR 1866.