Chapter 348

2005 -- S 0733 SUBSTITUTE A

Enacted 07/19/05

A N A C T

RELATING TO COMMERCIAL LAW -- UNFAIR SALES PRACTICES

Introduced By: Senators Sosnowski, and Perry

Date Introduced: February 17, 2005

It is enacted by the General Assembly as follows:

     SECTION 1. Section 6-13-3 of the General Laws in Chapter 6-13 entitled "Unfair Sales

Practices" is hereby amended to read as follows:

6-13-3. Penalty for advertising or sale to injure competitors or destroy competition. -

- Any retailer, who, with intent to injure competitors or destroy competition, advertises, offers to

sell, or sells at retail any item of merchandise at less than cost to the retailer, or any wholesaler

who, with intent as previously mentioned, advertises, offers to sell, or sells at wholesale any item

of merchandise at less than cost to the wholesaler, shall, if the offender is an individual, be

punished by a fine of not more than five hundred dollars ($500) or by imprisonment for not less

than one month nor more than one year, or both; or, if the offender is a corporation, by a fine as

previously mentioned. Notwithstanding the provisions of this section, as it pertains to a Class A

or a Class B distributor of tobacco, any offense of this title shall be punished by a fine of not

more than five thousand dollars ($5,000) for a first offense, a fine of not more than ten thousand

dollars ($10,000) and a license suspension of not more than fourteen (14) calendar days for a

second offense, and a fine of not more than twenty thousand dollars ($20,000) and a license

suspension or revocation for a third offense.

     SECTION 2. This act shall take effect upon passage.     

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LC02041/SUB A

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