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Credit Information for All New Jersey Alcoholic Beverage Retailers Under New Jersey law, wholesalers of alcoholic beverages are permitted to extend credit to retailers for a maximum of 30 days from the date of delivery. The New Jersey Alcohol Beverage Control regulations, at N.J.A.C. 13:2-24.4 "Regulation of Wholesaler Credit", specifies the consequences if a retailer does not pay an invoice within 30 days from the date of delivery. Briefly, if an invoice is not paid within the allotted time the retailer will be placed on state mandated COD and no wholesaler will be allowed to deliver products other than on a cash basis until the invoice has been paid in full. The wholesaler’s responsibility is to deliver a Notice of Delinquency to the retailer and cross notify all other wholesalers of the COD status of the retailer. Credit Compliance Corporation assists New Jersey licensed wholesalers in complying with the New Jersey credit regulation by:
If the email cannot be delivered to a retailer, a second attempt will be made the next day to deliver it. If it still cannot be delivered then a paper notice will be printed and sent via US Postal Service. Retailers are placed on COD immediately when wholesalers notify Credit Compliance Corporaton that an invoice has not been paid on time. It is important for retailers to maintain a valid email address with Credit Compliance Corporation to insure prompt delivery of notices rather than receiving them several days after the fact by regular mail. Wholesalers are responsible for placing retailers on COD when an invoice has not been paid and removing them from COD when the invoice has been paid in full. Credit Compliance Corporation is only responsible for delivering the notice. Every notice contains complete information about the invoice(s) that have not been paid and contact information for the wholesaler. If there are any questions concerning the invoice, the retailer should contact the wholesaler directly. Credit Compliance Corporation cannot help you to resolve a dispute and cannot remove you from COD status. If you cannot resolve a payment issue with the wholesaler, follow the dispute procedures in New Jersey Alcohol Beverage Control Regulation at N.J.A.C. 13:2-24.4. To facilitate delivery, please add Notice@njccc.com to your address book and inform your email provider to "white list" this email address so that notice emails will not be caught in a spam filter. Click on any on these resources for more information:
I will be happy to answer any questions presented. Please feel free to email me at mhalfacre@njccc.com with your questions, be sure to include your license number in your correspondence. Michael I. Halfacre, Esq.
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