                                 CODE OF VIRGINIA

ACCEPTANCE OF PROMISSORY NOTES IN PAYMENT FOR FOOD SOLD AT RETAIL (§ 18.2-241)

As used in this section, &#8220;food&#8221; includes food, groceries and
beverages, for human consumption. &#8220;Retailer&#8221; 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 &#8220;delivered&#8221; 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: Code 1950, § 59.1-68; 1968, c. 439; 1975, cc. 14, 15.