State::Payment Terms

May 2014 ::Tennessee :: Payment Terms

State Rep. Curry Todd, R-Collierville successfully sponsored an amendment to HB 2027. Though the bill itself has already passed through both chambers of legislation, allowing wineries to sell and serve wine off-site, the amendment would revoke the currently existing 10-day window restaurants have to pay their liquor wholesale distributor forcing them to pay at delivery. [...]

June 2012 ::Washington :: Payment Terms

Existing law provides farmers with a first priority debt claim for products they deliver to processors, provided the farmer follows certain steps. A new law creates a new “wine producer lien” (a priority debt claim) specific to wine grape growers, making the steps for “perfecting” the claim on debt more in-line with wine market timeframes.