Section 7-12-7 – Sale of stamps; prices.
A. Only the department shall sell stamps. Stamps may be sold by the department only to a distributor. B. Stamps shall display a serial number. Stamps bearing the same serial number shall not be sold to more than one distributor. The department shall keep records of the serial numbers of the stamps provided to each […]
Section 7-12-8 – Redemption of stamps.
The department shall redeem unused or destroyed stamps at the price paid by the buyer, provided acceptable proof of such destruction is provided the department. It is presumed that the stamps presented for redemption were the last stamps bought in the month in which the sale of the stamps was made. If the month in […]
Section 7-12-9 – Repealed.
History: Laws 1943, ch. 95, § 4; 1941 Comp. Supp., § 76-1604; Laws 1947, ch. 84, § 4; 1949, ch. 180, § 4; 1953 Comp., § 72-14-4; Laws 1970, ch. 70, § 2; reenacted as 1953 Comp., § 72-14-9 by Laws 1971, ch. 77, § 9; 1988, ch. 95, § 7; 2006, ch. 91, § […]
Section 7-12-9.1 – Licensing; general licensing provisions.
A. A person shall not engage in the manufacture or distribution of cigarettes in New Mexico without a license issued by the department. B. The department shall issue or renew a license for a term not to exceed one year. C. The department may charge a license fee of up to one hundred dollars ($100) […]
Section 7-12-9.2 – Distributor’s license.
A. A person shall not distribute stamped packages of cigarettes for resale or sell stamped packages of cigarettes at wholesale without first obtaining a distributor’s license from the department. B. A person licensed to distribute cigarettes is authorized to: (1) receive unstamped packages of cigarettes from a manufacturer or a distributor; (2) purchase tax stamps […]
Section 7-12-9.3 – Manufacturer’s license.
A. A person shall not manufacture cigarettes in New Mexico unless licensed by the department. B. A person licensed to manufacture cigarettes in New Mexico is authorized to: (1) manufacture, produce and package cigarettes; (2) receive imported cigarettes; (3) sell unstamped cigarettes to a distributor, another manufacturer or an export warehouse proprietor; and (4) sell […]
Section 7-12-9.4 – Retail sale of cigarettes.
A retailer of cigarettes shall: A. only obtain cigarettes for resale from a distributor; B. only obtain stamped cigarettes; C. not sell cigarettes at wholesale or for resale unless the retailer is also a distributor; and D. comply with the provisions of the Cigarette Tax Act or any law or rule that applies to retailers […]
Section 7-12-10 – Repealed.
History: Laws 1943, ch. 95, § 7; 1941 Comp. Supp., § 76-1607; 1953 Comp., § 72-14-7; reenacted as 1953 Comp., § 72-14-10 by Laws 1971, ch. 77, § 10; 1988, ch. 95, § 8; 2006, ch. 91, § 18. ANNOTATIONS Repeals. — Laws 2006, ch. 91, § 18, effective May 17, 2006, repealed 7-12-10 NMSA […]
Section 7-12-10.1 – Retention of invoices and records; inspection by department.
A. A manufacturer, distributor or retailer shall maintain copies of invoices for each of its facilities for every transaction involving a cigarette sale, purchase, transfer, receipt or consignment, except that a retailer need not retain copies of invoices for sales of cigarettes to consumers. An invoice shall show: (1) the names and addresses of all […]
Section 7-12-11 – Export sellers; physical segregation of cigarettes to be exported.
A. A distributor selling and shipping cigarettes outside New Mexico may maintain unstamped packages of cigarettes on the distributor’s premises if the unstamped packages to be shipped outside the state are kept in a separate part of the distributor’s place of business, physically segregated from packages of cigarettes to be sold inside New Mexico and […]