56:7-29. Sales outside ordinary channels; invoice price may not be used
80 words·~1 min read·
/nj/title-56/chapter-7/56-7-29A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.
L.1952, c. 247, p. 828, s. 12.