§ 24-3-2-1 — Declaration of policy

It is declared to be the public policy of this state
to promote the public welfare by making unlawful unfair, dishonest,
deceptive, destructive and fraudulent business practices now existing
in transactions involving the sale of, offer to sell, or inducement to sell
cigarettes in this state in wholesale and retail trades. The offering for
sale or sale of cigarettes below cost in the retail or wholesale trade with
the intent of injuring competitors or destroying or substantially
lessening competition is an unfair and deceptive business practice and
adversely affects the collection of revenue due this state from the sale
of cigarettes.
Formerly: Acts 1949, c.51, s.1.