"Current Net Price"

Checkout our iOS App for a better way to browser and research.

Sec. 3. As used in this chapter, "current net price" means:

(1) the price listed by a wholesaler, manufacturer, or distributor of inventory in effect at the time a contract is terminated; minus

(2) an applicable trade or cash discount.

[Pre-2008 Recodification Citation: 15-7-7-3.]

As added by P.L.2-2008, SEC.3.


Download our app to see the most-to-date content.