Statutes, codes, and regulations
Arkansas Code of 1987
Title 4 - BUSINESS AND COMMERCIAL LAWSubtitle 6 - BUSINESS PRACTICESChapter 75 - UNFAIR PRACTICES
Subchapter 7 - UNFAIR CIGARETTE SALES ACT
Section 4-75-712 - Determination of cost - Sales outside ordinary channels of business

Ark. Code § 4-75-712

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Current with legislation from 2024 effective through May 3, 2024.
Section 4-75-712 - Determination of cost - Sales outside ordinary channels of business

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 closeout sale, or other sale outside of the ordinary channels of trade.

Ark. Code § 4-75-712

Acts 1951, No. 101, § 10; A.S.A. 1947, § 70-610.