Source: https://vacode.org/3.2-4200/
Timestamp: 2020-01-22 07:44:38
Document Index: 564357631

Matched Legal Cases: ['§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 19', '§ 2', '§ 2', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 58', '§ 58', '§ 58']

Definitions (§ 3.2-4200)—Virginia Decoded - Virginia Decoded
1 Requirements For Tobacco Product Manufacturers.
§ 3.2-4200 Definitions
§ 3.2-4200
“Adjusted for inflation” means increased in accordance with the formula for inflation adjustment set forth in Exhibit C to the Master Settlement Agreement.”Affiliate” means a person who directly or indirectly owns or controls, is owned or controlled by, or is under common ownership or control with, another person. Solely for purposes of this definition, the terms “owns,” “is owned,” and “ownership” mean ownership of an equity interest, or the equivalent thereof, of 10 percent or more, and the term “person” means an individual, partnership, committee, association, corporation or any other organization or group of persons.”Allocable share” means Allocable Share as that term is defined in the Master Settlement Agreement.”Cigarette” means any product that contains nicotine, is intended to be burned or heated under ordinary conditions of use, and consists of or contains (i) any roll of tobacco wrapped in paper or in any substance not containing tobacco; (ii) tobacco, in any form, that is functional in the product, which, because of its appearance, the type of tobacco used in the filler, or its packaging and labeling, is likely to be offered to, or purchased by, consumers as a cigarette; or (iii) any roll of tobacco wrapped in any substance containing tobacco which, because of its appearance, the type of tobacco used in the filler, or its packaging and labeling, is likely to be offered to, or purchased by, consumers as a cigarette described in clause (i) of this definition. The term “cigarette” includes “roll-your-own” tobacco, which means any tobacco which, because of its appearance, type, packaging, or labeling is suitable for use and likely to be offered to, or purchased by, consumers as tobacco for making cigarettes. For purposes of this definition of “cigarette,” 0.09 ounces of “roll-your-own” tobacco shall constitute one individual “cigarette.”"Master Settlement Agreement” means the settlement agreement and related documents entered into on November 23, 1998, by the Commonwealth and leading United States tobacco product manufacturers.”Qualified escrow fund” means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least $ 1 billion where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing or directing the use of the funds’ principal except as consistent with subsection B of § 3.2-4201.”Released claims” means Released Claims as that term is defined in the Master Settlement Agreement.”Releasing parties” means Releasing Parties as that term is defined in the Master Settlement Agreement.
“Tobacco product manufacturer” means an entity that after the date of enactment of this act directly (and not exclusively through any affiliate):
The term “Tobacco Product Manufacturer” shall not include an affiliate of a tobacco product manufacturer unless such affiliate itself falls within any of subdivisions 1, 2, and 3 of this definition.”Units sold” means the number of individual cigarettes sold in the Commonwealth by the applicable tobacco product manufacturer, whether directly or through a distributor, retailer or similar intermediary or intermediaries, during the year in question, as measured by excise taxes collected by the Commonwealth on packs (or “roll-your-own” tobacco containers) bearing the excise tax stamp of the Commonwealth.
If you’re reading this for anything important, you should double-check its accuracy—read § 3.2-4200 on the official Code of Virginia website.
§ 19.2-245.01 Offenses involving reports or statements concerning cigarette sales or stamping
§ 2.2-509.1 (Effective until July 1, 2018) Powers of investigators; enforcement of certain tobacco laws
§ 2.2-509.1 (Effective July 1, 2018) Powers of investigators; enforcement of certain tobacco laws
§ 3.2-4203 Withdrawal of escrow funds assigned and contributed to the Commonwealth
§ 3.2-4204 Definitions
§ 3.2-4205 Certifications
§ 3.2-4206 Directory of cigarettes approved for stamping and sale
§ 3.2-4206.1 Bond requirement for newly qualified and elevated-risk nonparticipating manufacturers
§ 3.2-4208 Agent for service of process
§ 3.2-4209.1 Additional information required
§ 3.2-4210 Escrow fund information
§ 3.2-4211 Quarterly escrow payments by certain nonparticipating manufacturers
§ 3.2-4215 Submission to jurisdiction of the Commonwealth; pleadings in English sufficient
§ 3.2-4216 Recovery of costs and fees by Attorney General
§ 3.2-4218 Conflicts
§ 58.1-1000 Definitions
§ 58.1-1003.3 Roll-your-own cigarette machines
§ 58.1-1008.1 Monthly reports of tobacco product manufacturers