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Current as of January 01, 2024 | Updated by Findlaw Staff
A. A nonretail licensee shall not offer, fund, produce, sponsor, promote, furnish or redeem any type of coupon or scanback.
B. For purposes of this section:
(1) “coupon” means an instantly redeemable coupon issued to a retailer by a manufacturer, importer or wholesaler allowing a specified amount of money to be deducted from the normal price of the particular alcoholic malt beverage product purchased at retail by a consumer during a promotional period;
(2) “licensee” means a person issued a license pursuant to the Liquor Control Act;
(3) “nonretail licensee” means a manufacturer, importer or wholesaler licensee; and
(4) “scanback” means a reimbursement payment made to a retailer by a manufacturer, importer or wholesaler based on how many units of the particular alcoholic malt beverage products were sold during a promotional period.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 60. Business Licenses § 60-6A-36. Redeemable coupons prohibited - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-60-business-licenses/nm-st-sect-60-6a-36/
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 before relying on it for your legal needs.
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