18.2-241 - Acceptance of promissory notes in payment for food sold at retail. - Virginia Statutes

§ 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, forhuman consumption. "Retailer" means a person who sells food for consumptionand not for resale.

It shall be unlawful for any retailer to accept, in payment for any food soldby him to a customer, a promissory note or notes for an amount in excess oftwice the sales price of food delivered by him to the customer. As used inthis section the word "delivered" means that actual physical delivery intothe exclusive custody and control of the customer is made within seven daysof the receipt of the note by the seller.

Any person who violates the provisions of this section shall be guilty of aClass 3 misdemeanor.

(Code 1950, § 59.1-68; 1968, c. 439; 1975, cc. 14, 15.)