421B.9 Sales outside ordinary channels of business — effect.
63 words·~1 min read·
/ia/chapter-421b-cigarette-sales/421b-9A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In establishing the basic cost of cigarettes to a wholesaler or a retailer, it shall not be permissible to use the invoice cost or the actual cost of any cigarettes purchased at a forced, bankrupt, or close out sale, or other sale outside of the ordinary channels of trade.
[C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §551A.9]
C93, §421B.9