§ 18.2-241 Acceptance of promissory notes in payment for food sold at retail
As used in this section, “food” includes food, groceries and beverages, for human consumption. “Retailer” means a person who sells food for consumption and not for resale.
It shall be unlawful for any retailer to accept, in payment for any food sold by him to a customer, a promissory note or notes for an amount in excess of twice the sales price of food delivered by him to the customer. As used in this section the word “delivered” means that actual physical delivery into the exclusive custody and control of the customer is made within seven days of the receipt of the note by the seller.
Any person who violates the provisions of this section shall be guilty of a Class 3 misdemeanor.
History
The record of this law’s original creation isn’t available online. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1968, chapter 439; in 1975, chapters 14 and 15.
Code 1950, § 59.1-68; 1968, c. 439; 1975, cc. 14, 15.