Section 60-6A-36 - Redeemable coupons prohibited.

NM Stat § 60-6A-36 (2019) (N/A)
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A. A nonretail licensee shall not offer, fund, produce, sponsor, promote, furnish or redeem any type of coupon or scanback.

B. For purposes of this section:

(1) "coupon" means an instantly redeemable coupon issued to a retailer by a manufacturer, importer or wholesaler allowing a specified amount of money to be deducted from the normal price of the particular alcoholic malt beverage product purchased at retail by a consumer during a promotional period;

(2) "licensee" means a person issued a license pursuant to the Liquor Control Act;

(3) "nonretail licensee" means a manufacturer, importer or wholesaler licensee; and

(4) "scanback" means a reimbursement payment made to a retailer by a manufacturer, importer or wholesaler based on how many units of the particular alcoholic malt beverage products were sold during a promotional period.

History: Laws 2018, ch. 45, § 1.

Effective date. — Laws 2018, ch. 45, § 2, made Laws 2018, ch. 45, § 1 effective July 1, 2018.