Montana § 16-3-243 - Seven-Day Credit Limitation
Full text of Montana Montana Code Annotated § 16-3-243 — Seven-Day Credit Limitation, with citation guidance and answers to common questions.
§ 16-3-243. Seven-Day Credit Limitation
Seven-day credit limitation. (1) A brewer, beer importer, or distributor may not sell or deliver beer unless a retail licensee pays within 7 days of the delivery and may not extend more than 7 days' credit for payment for the beer to the retail licensee. (2) A retail licensee shall pay a brewer, beer importer, or distributor in full for beer within 7 days from the date of delivery and may not accept more than 7 days' credit from a brewer, beer importer, or distributor. Failure to pay in full within 7 days from the date of delivery is considered an impermissible acceptance of credit. (3) Any extension or acceptance of credit in violation of this section is considered rendering or receiving of financial assistance. Brewers, beer importers, distributors, and retail licensees who violate this section are subject to the penalty provisions of 16-4-406 .
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 16-3-243
What does Montana Code Annotated § 16-3-243 cover?
Section 16-3-243 ("Seven-Day Credit Limitation") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 16-3-243?
A common citation format is "Montana Code Annotated § 16-3-243" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 16-3-243 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.