Credit Law

Distilled Spirits and Wine are subject to Credit Law.

Ale purchased from a wholesaler that does not also hold a Distributor's License (BB/BC/BD) is subject to credit law.

  • If credit is extended, these alcoholic beverages, if purchased between the 1st and 15th of the month, must be paid for by the 25th of the month.
  • If they are purchased between the 16th and the last day of the month, they must be paid for by the 10th of the following month.
  • If not paid timely, the wholesaler is required by statute to report this non-payment to the TABC and your permit will be placed on the agency's internet based credit law delinquent list until the reporting wholesaler notifies the TABC that you have paid in full.

 

 

IMPORTANT: No wholesaler (including the reporting wholesaler) is permitted to sell to the retailer while on the credit law delinquent list. The wholesaler should check the delinquent list prior to making a sale to a retailer.

 

Sales to retailers on the delinquent list may result in an administrative action against the wholesaler.

 

 

  

 

credit card transaction.jpg