ARSD § 64:75:04:02 — Wholesale payment terms -- malt beverage exception

64:75:04:02. Wholesale
payment terms -- malt beverage exception. No wholesaler may offer a
retailer payment terms that provide a payment period in excess of 30 days from
delivery of the alcoholic beverages. The delivery date of the alcoholic
beverages is the
first
day of the 30-day payment period.
Notwithstanding other provisions in
this section , malt beverages
must be paid for upon sale and delivery. Acceptable payment methods are United
States currency, a correctly dated check payable at the bank upon presentation on
the next banking day , or an electronic
funds transfer. In
addition
to the purchase price of the malt beverages , retailers shall pay to the wholesaler not
less than the brewery
cost of any redeemable containers used. The requirement for payment upon sale and delivery does
not apply to municipally operated establishments or establishments operating pursuant to SDCL 35-4-19 and SDCL 35-4-2l to 35-4-23 , inclusive , if the municipality retains the obligation to make
payment for the malt beverages directly to a wholesaler .