Section 43.50.849. Definitions.

In AS 43.50.710 - 43.50.849,
        (1) "cigarette" has the meaning given in AS 43.50.170;
        (2) "department" means the Department of Revenue;
        (3) "person" has the meaning given in AS 43.50.170;
        (4) "retailer" has the meaning given in AS 43.50.170 and includes a person licensed or required to be licensed as a direct-buying retailer under this chapter and a person who holds or is required to hold a license endorsement under AS 43.70.075;
        (5) "sale" has the meaning given in AS 43.50.170;
        (6) "sell at retail," "sale at retail," or "retail sales" means a sale for consumption or use made in the ordinary course of trade or usual conduct of the seller's business;
        (7) "sell at wholesale," "sale at wholesale," or "wholesale sales" means a sale made in the ordinary course of trade or usual conduct by a wholesaler to a retailer for the purpose of resale;
        (8) "trade discount" means a price reduction that is offered by a cigarette manufacturer on the date of sale, is reflected on the invoice as a deduction from the manufacturer's list price, and is fully earned and determinable on the date of sale;
        (9) "wholesaler" means a person licensed or required to be licensed under AS 43.50.010 or AS 43.50.035 and who sells cigarettes to a retailer for the purpose of resale.

Notes

History

(Sec. 19 ch 109 SLA 2003; am Sec. 43 ch 1 FSSLA 2004; am Sec. 8 ch 114 SLA 2010)