Iowa Code 421B.5 – Sales by a wholesaler to a wholesaler
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Iowa Code 421B.5
- Cigarettes: shall mean and include any roll for smoking, made wholly or in part of tobacco, irrespective of size or shape and whether or not such tobacco is flavored, adulterated or mixed with any other ingredient, the wrapper or cover of which is made of paper or any other substance or material except tobacco. See Iowa Code 421B.2
- Retailer: means any person who is engaged in this state in the business of selling, or offering to sell, cigarettes at retail. See Iowa Code 421B.2
- Wholesaler: means and includes any person who acquires cigarettes for the purpose of sale to retailers or to other persons for resale, and who maintains an established place of business when any part of the business is the sale of cigarettes at wholesale to persons licensed under this chapter, and where at all times a stock of cigarettes is available to retailers for resale. See Iowa Code 421B.2
When one wholesaler sells cigarettes to any other wholesaler, the former shall not be required to include in the selling price to the latter, the cost to the wholesaler, as defined by section 421B.2, but the latter wholesaler, upon resale to a retailer, shall be subject to the provisions of section 421B.2.