In establishing the cost of cigarettes to the retailer or wholesaler, the invoice cost of said cigarettes purchased at a forced, bankrupt, or closeout sale, or other sale outside of the ordinary channels of trade, may not be used as a basis for justifying a price lower than one based upon the replacement cost of the cigarettes to the retailer or wholesaler in the quantity last purchased, through the ordinary channels of trade.
N.J. Stat. Ann. § 56:7-29
Sales outside ordinary channels; invoice price may not be used
Known as the Unfair Cigarette Sales Act
The act spans §§ 56:7-18 to 56:7-38 (21 sections).
L.1952, c. 247, p. 828, s. 12.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.