§ 421B.3 — Sales at less than cost — penalties

Iowa § 421B.3

• Jurisdiction: Iowa
• Title X: FINANCIAL RESOURCES
• Ch. 421B: CIGARETTE SALES

Text

1. It shall be unlawful for any wholesaler or retailer to offer to sell, or sell, at wholesale or
retail, cigarettes at less than cost to such wholesaler or retailer, as the case may be, as defined
in this chapter. Any wholesaler or retailer who violates the provisions of this section shall be
guilty of a simple misdemeanor.
2. Evidence of advertisement, offering to sell, or sale of cigarettes by any wholesaler or
retailer at less than cost to the wholesaler or retailer as defined by this chapter shall be
evidence of a violation of this chapter.
3. a. The following civil penalties shall be imposed for a violation of this section:
(1) A two hundred dollar penalty for the first violation.
(2) A five hundred dollar penalty for a second violation within three years of the first
violation.
(3) A thousand dollar penalty for a third or subsequent violation within three years of the
first violation.
b. Each day a violation occurs counts as a new violation for purposes of this subsection.
c. The civil penalty imposed under this subsection is in addition to the penalty imposed
under subsection 1. Penalties collected under this subsection shall be deposited into the
general fund of the state.

Legislative History

[C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §551A.3]