244.300 Extension of credit by retailers prohibited -- Exceptions.

KY Rev Stat § 244.300 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

244.300 Extension of credit by retailers prohibited -- Exceptions. No retailer selling distilled spirits and wine by the package or by the drink shall sell, deliver, or give away, or cause, permit or procure to be sold, delivered, or given away any distilled spirits or wine on credit, except that a bona fide licensed private club, restaurant, or hotel may sell on reasonable credit to its members, customers, or registered guests. Sales by any retailer selling distilled spirits or wine by the package or by the drink may be made by use of national or bank credit cards wherein the credit card company has agreed to payment to the licensee for such charges. However, nothing in this section shall be construed to authorize a licensee to issue its own credit cards or extend a personal credit to patrons. Effective: June 25, 2013 History: Amended 2013 Ky. Acts ch. 121, sec. 93, effective June 25, 2013. -- Amended 1988 Ky. Acts ch. 89, sec. 1, effective July 15, 1988. -- Amended 1984 Ky. Acts ch. 313, sec. 1, effective July 13, 1984. -- Amended 1978 Ky. Acts ch. 194, sec. 23, effective June 17, 1978. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2554b-182.