Stamps and meter register settings shall be sold at their denominated values less 0.85 percent to licensed distributors. Payment for stamps or meter register settings shall be made at the time of purchase, provided that a licensed distributor, subject to the conditions and provisions of this article, may be permitted to defer payments therefor.
Cal. Rev. & Tax. Code § 30166
Sale to Distributors
Showing this section's text as in effect on January 1, 2011 (in force January 1, 2011 – January 1, 2015). View current text →
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.