Nevada § 370.374 - Meeting lawful price of competitor
Full text of Nevada Nevada Revised Statutes § 370.374 — Meeting lawful price of competitor, with citation guidance and answers to common questions.
§ 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 Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 370.374
What does Nevada Revised Statutes § 370.374 cover?
Section 370.374 ("Meeting lawful price of competitor") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 370.374?
A common citation format is "Nevada Revised Statutes § 370.374" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 370.374 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.