Delivery or acceptance of instrument drawn upon insufficient funds or not payable according to terms
- • use of credit
No retail licensee shall deliver any check, order, negotiable instrument or voucher in payment for malt beverages, cider or wine, knowing at the time of such delivery that the maker or drawer has not sufficient funds in the bank or depository to pay the instrument on presentation, nor shall any wholesale licensee accept any such instrument knowing that said instrument is not payable according to its terms, or that there are not sufficient funds to pay such instrument on presentation. Any extension or acceptance of credit under this section shall constitute a violation of ORS 471.398 (Prohibition of financial assistance from wholesaler to retailer). [1971 c.694 §3; 1995 c.301 §85; 1999 c.351 §75]
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