04 NCAC 02R .1407. PAYMENT

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(a) Local boards shall remit full payment of the contractor's statement of account pertaining to the bailment fee 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 15 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 04 NCAC 02R .1302(e) shall remit full payment within 15 days of the transaction.

History Note: Authority G.S. 18B-207; 18B-702(e);

Eff. May 1, 1984;

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

                    
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