No retailer selling distilled spirits and wine by the package or by the drink shall sell, deliver, or give away, or cause, permit or procure to be sold, delivered, or given away any distilled spirits or wine on credit, except that a bona fide licensed private club, restaurant, or hotel may sell on reasonable credit to its members, customers, or registered guests. Sales by any retailer selling distilled spirits or wine by the package or by the drink may be made by use of national or bank credit cards wherein the credit card company has agreed to payment to the licensee for such charges. However, nothing in this section shall be construed to authorize a licensee to issue its own credit cards or extend a personal credit to patrons.
KRS 244.300
Extension of credit by retailers prohibited -- Exceptions
Applied in 1 court decision — leading case Department of Alcoholic Beverage Control v. Liquor Outlet, Inc. (1987)
Most recently applied in Department of Alcoholic Beverage Control v. Liquor Outlet, Inc. (July 1987)
Effective: June 25, 2013 History: Amended 2013 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.