Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 30166 — Sale to Distributors

Cal. Rev. & Tax. Code § 30166

Type
Statute
Source
California Revenue and Taxation Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Stamps and meter register settings shall be sold to licensed distributors at their denominated values less a discount of 0.85 percent, which shall be capped at the first one dollar ($1.00) in denominated value. Payment for stamps or meter register settings shall be made at the time of purchase,…

Citator

Cal. Rev. & Tax. Code § 30166 — Sale to Distributors is in force in the current edition of the Code, and nothing recorded condemns it.

Stamps and meter register settings shall be sold to licensed distributors at their denominated values less a discount of 0.85 percent, which shall be capped at the first one dollar ($1.00) in denominated value. Payment for stamps or meter register settings shall be made at the time of purchase, provided that a licensed distributor, subject to the conditions and provisions of this article, may be permitted to defer payments therefor.