14B NCAC 15A .1406      PAYMENT

(a)  Local boards shall remit full payment of the Contractor's statement of account pertaining to the bailment charge within 30 days of receipt of the statement.

(b)  Local boards shall remit full payment of the Contractor's statement of account pertaining to the bailment surcharge within 30 days of receipt of the statement.

(c)  Local boards shall remit full payment of the distiller's invoice within 30 days of delivery of the liquor.

(d)  Local boards that obtain spirituous liquor from another local board pursuant to 14B NCAC 15A .1301(e) shall remit full payment within 15 days of the transaction.

History Note:        Authority G.S. 18B-100; 18B-203(a)(14) and (15); 18B-207; 18B-702(u);

Eff. May 1, 1984;

Amended Eff. November 1, 2010; July 1, 1992;

Transferred and Recodified from 04 NCAC 02R .1407 Eff. August 1, 2015;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. August 22, 2015;

Amended Eff. January 1, 2020.