New Jersey § 56:7-26
Full text of New Jersey New Jersey Statutes § 56:7-26, with citation guidance and answers to common questions.
§ 56:7-26.
a. Any retailer may advertise, offer to sell, or sell cigarettes at a price made in
good faith to meet the price of a competitor who is selling the same article at cost
to him as a retailer as prescribed in this act. Any wholesaler may advertise, offer to sell, or sell cigarettes at a price made
in good faith to meet the price of a competitor who is rendering the same type of
service and is selling the same article at cost to him as a wholesaler as prescribed
in this act. The price of cigarettes advertised, offered for sale, or sold under the exceptions
specified in section eight 1 shall not be considered the price of a competitor and shall not be used as a basis
for establishing prices below cost, nor shall the price established at a bankrupt
sale be considered the price of a competitor within the purview of this section. b. In the absence of proof of the “price of a competitor,” under this section, the
“lowest cost to the retailer,” or the “lowest cost to the wholesaler,” as the case
may be, determined by any “cost survey,” made pursuant to section thirteen of this
act, 2 may be deemed the “price of a competitor,” within the meaning of this section. 1
N.J.S.A. § 56:7-25. 2
N.J.S.A. § 56:7-30.
Frequently Asked Questions About New Jersey § 56:7-26
What does New Jersey Statutes § 56:7-26 cover?
Section 56:7-26 is part of the New Jersey Statutes, the codified statutory law of New Jersey. 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 New Jersey § 56:7-26?
A common citation format is "New Jersey Statutes § 56:7-26" (New Jersey). 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 New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 56:7-26 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey 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 New Jersey.