Sec. 43.50.849. Definitions.

225 words·~1 min read·/ak/title-43/chapter-50/43-50-849

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

In AS 43.50.710 — 43.50.849,

(1)“cigarette” has the meaning given in AS 43.50.170 ;

(2)“department” means the Department of Revenue;

(3)“person” has the meaning given in AS 43.50.170 ;

(4)“retailer” has the meaning given in AS 43.50.170 and includes a person licensed or required to be licensed as a direct-buying retailer under this chapter and a person who holds or is required to hold a license endorsement under AS 43.70.075 ;

(5)“sale” has the meaning given in AS 43.50.170 ;

(6)“sell at retail,” “sale at retail,” or “retail sales” means a sale for consumption or use made in the ordinary course of trade or usual conduct of the seller's business;

(7)“sell at wholesale,” “sale at wholesale,” or “wholesale sales” means a sale made in the ordinary course of trade or usual conduct by a wholesaler to a retailer for the purpose of resale;

(8)“trade discount” means a price reduction that is offered by a cigarette manufacturer on the date of sale, is reflected on the invoice as a deduction from the manufacturer's list price, and is fully earned and determinable on the date of sale;

(9)“wholesaler” means a person licensed or required to be licensed under AS 43.50.010 or AS 43.50.035 and who sells cigarettes to a retailer for the purpose of resale.