§ 44-20-28.1 — § 44-20-28.1. Noncompliance with tobacco manufacturer's escrow fund — Penalties.

Rhode Island § 44-20-28.1

• Jurisdiction: Rhode Island
• Title 44: Taxation
• Ch. 44-20: Cigarette, Other Tobacco Products, and Electronic Nicotine-Delivery System Products

Text

§ 44-20-28.1. Noncompliance with tobacco manufacturer's escrow fund — Penalties.

(a)(1) A distributor may not affix, or cause to be affixed, stamps to individual packages of cigarettes to be sold or distributed in this state by a distributor licensed in this state if the attorney general has notified the distributor that the tobacco product manufacturer of those cigarettes has:

(i) Failed to become a participating manufacturer as defined in §â€‚23-71-3(1); and

(ii) Failed to create a qualified escrow fund and make the required deposits in the escrow fund pursuant to §â€‚23-71-3(2)(i) for any cigarettes the distributor sold or distributed for that tobacco product manufacturer in this state.

(2) As used in this section, "tobacco product manufacturerâ€� has the same meaning as that term is defined in §â€‚23-71-2.

(b) A distributor who violates this section is subject to suspension or revocation of its license pursuant to §â€‚44-20-8.

Legislative History

P.L. 2002, ch. 59, § 1; P.L. 2002, ch. 65, art. 8, § 3; P.L. 2002, ch. 67, § 6.