Skip to main content

New Mexico Statutes Chapter 6. Public Finances § 6-4-16. Definitions

Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

As used in the Tobacco Escrow Fund Act:

A. “brand family” means all styles of cigarettes sold under the same trademark and differentiated from one another by means of additional modifiers such as “menthol”, “lights”, “kings” and “100s”, and includes the use of a brand name, trademark, logo, symbol, motto, selling message, recognizable pattern of colors or other indicia similar to or identifiable with a previously known brand of cigarettes;

B. “cigarette” means “cigarette” as defined in Subsection D of Section 6-4-12 NMSA 1978;

C. “department” means the taxation and revenue department;

D. “directory” means a listing of tobacco product manufacturers and brand families that is developed, maintained and published by the attorney general;

E. “distributor” means a person required to affix stamps on cigarette packages pursuant to Section 7-12-5 NMSA 1978 or required to pay excise tax imposed on cigarettes pursuant to Section 7-12A-3 NMSA 1978.  “Distributor” does not include a retailer of cigarette packages upon which stamps were already affixed when the packages were received by that retailer;

F. “master settlement agreement” means the settlement agreement and related documents entered into on November 23, 1998 by the state and leading United States tobacco product manufacturers;

G. “nonparticipating manufacturer” means a tobacco product manufacturer that is not a participating manufacturer;

H. “participating manufacturer” means a tobacco product manufacturer that is a “participating manufacturer” as defined in Section II(jj) of the master settlement agreement and subsequent amendments to that section;

I. “qualified escrow fund” means “qualified escrow fund” as defined in Subsection F of Section 6-4-12 NMSA 1978;

J. “secretary” means the secretary of taxation and revenue;

K. “tobacco product manufacturer” means “tobacco product manufacturer” as defined in Subsection I of Section 6-4-12 NMSA 1978;  and

L. “units sold” means “units sold” as defined in Subsection J of Section 6-4-12 NMSA 1978.

Cite this article: - New Mexico Statutes Chapter 6. Public Finances § 6-4-16. Definitions - last updated May 06, 2021 |

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Was this helpful?

Thank you. Your response has been sent.

Copied to clipboard