6-4-16. Definitions.
314 words·~1 min read·
/nm/chapter-6-public-finances/article-4-state-funds-and-capital-programs/6-4-16·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
As used in the Tobacco Escrow Fund Act [6-4-14 to 6-4-24 NMSA 1978]:
A. "brand family" means all styles of cigarettes sold under the same trademark and differentiated from one another by means of additional modifiers such as "menthol", "lights", "kings" and "100s", and includes the use of a brand name, trademark, logo, symbol, motto, selling message, recognizable pattern of colors or other indicia similar to or identifiable with a previously known brand of cigarettes;
B. "cigarette" means "cigarette" as defined in Subsection D of Section 6-4-12 NMSA 1978;
C. "department" means the taxation and revenue department;
D. "directory" means a listing of tobacco product manufacturers and brand families that is developed, maintained and published by the attorney general;
E. "distributor" means a person required to affix stamps on cigarette packages pursuant to Section 7-12-5 NMSA 1978 or required to pay excise tax imposed on cigarettes pursuant to Section 7-12A-3 NMSA 1978. "Distributor" does not include a retailer of cigarette packages upon which stamps were already affixed when the packages were received by that retailer;
F. "master settlement agreement" means the settlement agreement and related documents entered into on November 23, 1998 by the state and leading United States tobacco product manufacturers;
G. "nonparticipating manufacturer" means a tobacco product manufacturer that is not a participating manufacturer;
H. "participating manufacturer" means a tobacco product manufacturer that is a "participating manufacturer" as defined in Section II(jj) of the master settlement agreement and subsequent amendments to that section;
I. "qualified escrow fund" means "qualified escrow fund" as defined in Subsection F of Section 6-4-12 NMSA 1978;
J. "secretary" means the secretary of taxation and revenue;
K. "tobacco product manufacturer" means "tobacco product manufacturer" as defined in Subsection I of Section 6-4-12 NMSA 1978; and
L. "units sold" means "units sold" as defined in Subsection J of Section 6-4-12 NMSA 1978.
History: Laws 2003, ch. 114, § 3.