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Code · North Carolina · Chapter 66 — Commerce and Business

Part 2.

94 words·~1 min read·/nc/chapter-66/2-2

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Part 2. Tobacco Escrow Compliance.
§ 66-292. Definitions.
The following definitions apply in this Part:
(1)Brand family. - All styles of cigarettes sold under the same trademark and differentiated from one another by means of additional modifiers including, but not limited to, "menthol", "lights", "kings", and "100s".
(2)Escrow agreement. - An agreement by which a qualified escrow fund is created and maintained.
(3)Nonparticipating manufacturer. - A tobacco product manufacturer that is not a participating manufacturer.
(4)Participating manufacturer. - Defined in subsection II(jj) of the Master Settlement Agreement. (2002-145, s. 3.)
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