(2)__When electronic funds transfer is the form of payment, the form of payment must be noted on the invoice at the time of delivery and acknowledged in writing by the buyer or the buyer's employee.__The note on the invoice constitutes an irrevocable promise to pay.__All parties to electronic funds transfer transactions will maintain records of those transactions for 2 years from the date of the transaction and make those records available for inspection by the bureau upon request;

(3)__Initiation of the electronic funds transfer must occur on the next business day after the delivery of the product;

(4)__Parties engaging in electronic funds transfers under this section pay their own costs associated with electronic funds transfers; and

(5)__Any electronic funds transfer transaction that is not completed due to insufficient funds is subject to the provisions of the Uniform Commercial Code.

1-B.__Sales on credit.__Credit may be extended:

A.__By a hotel or club to bona fide registered guests or members;

B.__By a hotel or Class A restaurant to the holder of a credit card that authorizes the holder to charge goods or credits; and

C.__By an on-premises licensee to the host of a private, prearranged function without a credit card.

1-C.__Right of action.__A right of action does not exist to collect claims for credits extended contrary to this section.

1-D.__Credit for deposits.__This section does not prohibit a licensee from giving credit to a purchaser for the actual amount of the deposit on beverage containers as defined in Title 32, section 1862, subsection 2 or on the packages or original containers as a credit on any sale or from paying the amount