Nevada Revised Statutes — Title 32 (Revenue and Taxation)
Nev. Rev. Stat. § 370.374 — Meeting lawful price of competitor
1. A wholesale dealer may advertise, offer
to sell or sell cigarettes at a price made in good faith to meet the lawful
price of a competitor who is rendering the same type of service and is selling
the same article at cost to him or her as a wholesale dealer.
2. The price of cigarettes advertised,
offered for sale or sold under an exception specified in NRS 370.3735 or at a bankruptcy sale is
not the price of a competitor for the purposes of this section.
3. In the absence of proof of the price of
a competitor, the lowest cost to the wholesale dealer determined by a survey of
costs that is made in accordance with recognized statistical and cost-accounting
practices for a trade area shall be deemed the price of a competitor.
Source: official text