Tennessee Statutes

§ 47-25-602 — Part definitions

Tennessee·Title 47

As used in this part, unless the context otherwise requires:

(1)"Cost to the retailer" means the sum of:
(A)The lower of:
(i)The purchase price of petroleum distillates to the retailer, less all trade discounts, allowances, or rebates actually granted to the retailer; or (ii) The replacement cost of petroleum distillates at the time of retail sale in the quantity last purchased by the retailer;
(B)The cost of transportation of petroleum distillates from the point of purchase by the retailer to the retail location;
(C)All applicable federal, state, or local motor fuel or sales taxes not already included in the purchase price to the retailer; and (D) The reasonable cost of overhead for petroleum distillates at that location;
(2)"Dealer" means any person, firm, corporation, or partnersh

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Tennessee § 47-25-602 (Part definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Ghem, Inc. v. Mapco Petroleum, Inc.
767 F. Supp. 1418 (M.D. Tennessee, 1990)
4 case citations
Ghem, Inc. v. Mapco Petroleum, Inc.
850 S.W.2d 447 (Tennessee Supreme Court, 1993)
1 case citations
Shah v. Racetrac Petroleum, Inc.
275 F. Supp. 2d 920 (E.D. Tennessee, 2001)
Shah v. Racetrac Petro Co
(Sixth Circuit, 2003)

Legislative History

Acts 1975, ch. 232, § 1; T.C.A., § 69-702; Acts 1988, ch. 1033, §§ 1, 2.

Nearby Sections

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