California AB2375 amends the Business and Professions Code to regulate payment methods and timelines for alcohol sales between licensed wholesalers.

California AB2375 amends the Business and Professions Code to establish specific payment methods and timelines for alcohol sales between licensed wholesalers and retailers. It mandates that payments for beer, wine, and distilled spirits be made by electronic funds transfer, initiated by the licensed wholesaler. The licensed retailer must make the payment within 30 days from the date of delivery. The bill also specifies that any costs related to electronic payment services must be borne by the party that incurred those costs.

California AB2375 amends the Business and Professions Code to regulate payment methods and timelines for alcohol sales between licensed wholesalers.

California AB2375 amends the Business and Professions Code to establish specific payment methods and timelines for alcohol sales between licensed wholesalers and retailers. It mandates that payments for beer, wine, and distilled spirits be made by electronic funds transfer, initiated by the licensed wholesaler. The licensed retailer must make the payment within 30 days from the date of delivery. The bill also specifies that any costs related to electronic payment services must be borne by the party that incurred those costs.