Ky. Rev. Stat. § 365.340

Current through 2024 Ky. Acts ch. 225

Section 365.340 - Sales outside ordinary channels of business not to be used in establishing basic cost

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.

KRS 365.340

Effective:7/13/1984.
Amended 1984 Ky. Acts ch. 111, sec. 148, effective7/13/1984. -- Created 1956 Ky. Acts ch. 243, sec. 10, effective 5/18/1956.