Nev. Admin. Code § 369.055 - Payment to wholesale dealer by retail liquor store by electronic transfer of money authorized
1. A retail liquor
store may make payment to a wholesale dealer for liquor pursuant to
NRS
369.485 by use of the electronic transfer of
money if the wholesale dealer:
(a) Consents
to the use of the electronic transfer of money for such payment; and
(b) Does not pay any costs incurred by the
retail liquor store for use of the electronic transfer of money.
2. A retail liquor store shall not
condition any purchase of liquor from a wholesale dealer upon the consent of
the wholesale dealer to the use of the electronic transfer of money to make
payment for the liquor.
3. As used
in this section, "electronic transfer of money" means any transfer of money,
other than a transaction initiated by a check, draft or other similar
instrument, that is initiated through an electronic terminal, telephone,
computer or magnetic tape for the purpose of ordering, instructing or
authorizing a financial institution or person holding an account on behalf of
another to debit or credit an account.
Notes
NRS 369.150, 369.485
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