CHAPTER 118

An Act to limit acceptance of promissory notes in payment for food sold
at retail; and to prescribe penalties.
[H 128]

Approved February 26, 1962

Be it enacted by the General Assembly of Virginia as follows:

1. § 1. As used in this act, “food” includes food, groceries and bever-
ages, for human consumption. “Retailer” means a person who sells food
for consumption and not for resale.

§ 2. It shall be unlawful for any retailer to accept, in payment for
any food sold by him to a customer, a promissory note or notes for an
amount in excess of twice the sales price of food delivered by him to the
customer. As used in this section the word “delivered”? means that actual
physical delivery into the exclusive custody and control of the customer
is made within seven days of the receipt of the note by the seller.

§ 38. Any person who violates the provisions of this act shall be
guilty of a misdemeanor and punished accordingly.