No wholesaler shall sell any product to a retail food store wine licensee on credit and payment for all sales to such licensee by a wholesaler shall be effected upon delivery of the product. In order to facilitate the implementation of this section, all payments to wholesalers by such licensees shall be made by electronic funds transfer, credit card, debit card, or such other method as approved by the commission that will facilitate full payment at or near the time of delivery.Amended by 2014 Tenn. Acts, ch. 1015,s 7, eff. 4/16/2014.Added by 2014 Tenn. Acts, ch. 554,s 1, eff. 3/20/2014.
Tennessee Legal Code