2013 Nevada Revised Statutes
Chapter 370A - Manufacturers of Tobacco Products
NRS 370A.140 - Participation in Master Settlement Agreement or deposits into qualified escrow fund required.
A manufacturer of tobacco products that sells cigarettes to consumers in this state, directly or through a distributor, retailer or similar intermediary or intermediaries, after May 24, 1999, shall do one of the following:
1. Become a participating manufacturer and generally perform its financial obligations under the Master Settlement Agreement; or
2. Deposit into a qualified escrow fund, on or before April 15 of the year following the year in question, the following amounts as such amounts are adjusted for inflation:
(a) For the year 1999, $0.0094241 for each unit sold after May 24, 1999;
(b) For the year 2000, $0.0104712 for each unit sold;
(c) For each of the years 2001 and 2002, $0.0136125 for each unit sold;
(d) For each of the years 2003 through 2006, $0.0167539 for each unit sold; and
(e) For each of the year 2007 and each year thereafter, $0.0188482 for each unit sold.
(Added to NRS by 1999, 1108)
Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
