A. A person shall not distribute stamped packages of cigarettes for resale or sell stamped packages of cigarettes at wholesale without first obtaining a distributor's license from the department. B. A person licensed to distribute cigarettes is authorized to: (1) receive unstamped packages of cigarettes from a manufacturer or a distributor; (2) purchase tax stamps and receive tax-exempt stamps and tax-credit stamps from the department; (3) affix tax stamps, tax-credit stamps or tax-exempt stamps to unstamped packages of cigarettes; (4) sell stamped packages of cigarettes to a retailer for resale or to a distributor; and (5) sell unstamped packages of cigarettes to a person licensed to distribute cigarettes outside of New Mexico or to a distributor. History: Laws 2006, ch. 91, § 8; 2009, ch. 197, § 15; 2010 (2nd S.S.), ch. 5, § 10. ANNOTATIONSThe 2010 (2nd S. S.) amendment, effective July 1, 2010, in Subsection B(2), after 'tax-exempt stamps', added 'tax-credit stamps'; and in Subsection B(3), after 'affix tax stamps', added 'tax-credit stamps'. The 2009 amendment, effective July 1, 2009, in Paragraphs (1), (4) and (5) of Subsection B, at the end of the sentence, added 'or to a ction B(3), after 'affix tax stamps', added 'tax-credit stamps'. The 2009 amendment, effective July 1, 2009, in Paragraphs (1), (4) and (5) of Subsection B, at the end of the sentence, added 'or to a distributor'.
New Mexico Legal Code