In all sales involving two (2) or more items, at least one (1) of which items is cigarettes, at a combined price, and in all sales involving the giving of any gift or concession of any kind, whether it be coupons or otherwise, the wholesaler’s or retailer’s combined selling price shall not be below the cost to the wholesaler or the cost to the retailer, respectively, of the total of all articles, products, commodities, gifts, and concessions included in the transactions, except that if any articles, products, commodities, gifts, or concessions, are not cigarettes, the basic cost thereof shall be determined in like manner as provided in KRS § 365.270(10).
Effective: July 13, 1990

Terms Used In Kentucky Statutes 365.290

  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.

History: Amended 1990 Ky. Acts ch. 280, sec. 4, effective July 13, 1990. — Created
1956 Ky. Acts ch. 243, sec. 4.